Baker Tilly’s Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator

Authored by Tyler R. Inda, Manjima Bose, Michelle Isenhouer Hanlin, Tom Bucher, Joe Marchese, Serena Walters

President Biden’s Inflation Reduction Act (IRA) created the Greenhouse Gas Reduction Fund (GGRF), a $27 billion investment to facilitate advancement in climate technologies.

Under the $6 billion Clean Communities Investment Accelerator (CCIA) initiative, the Environmental Protection Agency (EPA) ran a competitive procurement and selected five applicants to establish hubs. These hubs provide funding and technical assistance to community lenders working in low-income and disadvantaged communities, providing an immediate pathway to deploy projects in those communities while also building capacity of these lenders to finance projects for years to come.

Download the whitepaper for more information on CCIA’s requirements and complexities.