Climate United Fund is a nonprofit formed by Calvert Impact to partner with two U.S. Treasury-certified Community Development Financial Institutions (CDFIs), Self-Help Ventures Fund and Community Preservation Corporation. Together, these three nonprofit financial institutions bring a decades-long track record of successfully raising and deploying $30 billion in capital with a focus on low-income and disadvantaged communities. Climate United Fund’s program will focus on investing in harder-to-reach market segments like consumers, small businesses, small farms, community facilities, and schools—with at least 60% of its investments in low-income and disadvantaged communities, 20% in rural communities, and 10% in tribal communities.

Coalition Members/Named Subrecipients: CPC Green Housing Decarbonization Fund LLC and Self-Help Climate Capital LLC

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Climate United Fund's NCIF application

Coalition for Green Capital (CGC) is a nonprofit with almost 15 years of experience helping establish and work with dozens of state, local, and nonprofit green banks that have already catalyzed $20 billion into qualified projects—and that have a pipeline of $30 billion of demand for green bank capital that could be coupled with more than twice that in private investment. The Coalition for Green Capital’s program will have particular emphasis on public-private investing and will leverage the existing and growing national network of green banks as a key distribution channel for investment—with at least 50% of investments in low-income and disadvantaged communities.

Coalition Members/Named Subrecipients: California Infrastructure Bank; City First Enterprises, Inc.; Colorado Clean Energy Fund; Connecticut Green Bank; Community Development Venture Capital Alliance; DC Green Finance Authority; Efficiency Maine Trust; Elemental Excelerator, Inc.; Illinois Finance Authority/Climate Bank; Michigan Saves, Inc.; Minnesota Climate Innovation Finance Authority; Montgomery County Green Bank Corporation; New Jersey Economic Development Authority; New York City Energy Efficiency Corporation; New York Green Bank; Ohio Air Quality Development Authority; Solar and Energy Loan Fund; State Environmental Improvement and Energy Resources Authority - Missouri

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Coalition for Green Capital's NCIF application

Power Forward Communities (PFC) is a nonprofit coalition formed by five of the country’s most trusted housing, climate, and community investment groups that are dedicated to decarbonizing and transforming American housing to save homeowners and renters money, reinvest in communities, and tackle the climate crisis. The coalition members—Enterprise Community Partners, LISC (Local Initiatives Support Corporation), Rewiring America, Habitat for Humanity, and United Way—will draw on their decades of experience, which includes deploying over $100 billion in community-based initiatives and investments, to build and lead a national financing program providing customized and affordable solutions for single-family and multi-family housing owners and developers—with at least 75% of investments in low-income and disadvantaged communities.

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Power Forward Communities' NCIF application

Opportunity Finance Network is a ~40-year-old nonprofit CDFI Intermediary that provides capital and capacity building for a national network of 400+ community lenders—predominantly U.S. Treasury-certified CDFI Loan Funds—which collectively hold $42 billion in assets and serve all 50 states, the District of Columbia, and several U.S. territories.

Opportunity Finance Network's CCIA application

Inclusiv is a ~50-year-old nonprofit CDFI Intermediary that provides capital and capacity building for a national network of 900+ mission-driven, regulated credit unions—which include CDFIs, and financial cooperatives in Puerto Rico—that collectively manage $330 billion in assets and serve 23 million individuals across the country.

Inclusiv's CCIA application

Justice Climate Fund is a purpose-built nonprofit supported by an existing ecosystem of coalition members, a national network of more than 1,200 community lenders, and ImpactAssets—an experienced nonprofit with $3 billion under management—to provide responsible, clean energy-focused capital and capacity-building to community lenders across the country.

Justice Climate Fund's CCIA application

Appalachian Community Capital is a nonprofit CDFI with a decade of experience working with community lenders in Appalachian communities, which is launching the Green Bank for Rural America to deliver clean capital and capacity-building assistance to hundreds of community lenders working in coal, energy, underserved rural, and tribal communities across the United States.

Appalachian Community Capital's CCIA application

Native CDFI Network is a nonprofit that serves as a national voice and advocate for the 60+ U.S. Treasury-certified Native CDFIs, which have a presence in 27 states across rural reservation communities as well as urban communities and have a mission to address capital access challenges in Native communities.

Native CDFI Network's CCIA application