Baker Tilly’s Insights on How Community Lenders Can Amplify Funding for Clean Energy Projects Using Federal Grant and Tax Credit Programs
Jul 17, 2024 9:40 AM ET
Authored by Tyler R. Inda, Manjima Bose, Bob Hofacker
How can your organization amplify funding for clean energy projects that create lasting community impact in low-income and disadvantaged communities (LIDAC)? Understand the interplay of Clean Communities Investment Accelerator (CCIA) awards, a program within the Greenhouse Gas Reduction Fund (GGRF), Inflation Reduction Act (IRA) tax credits and other alternative federal funding to best structure deals and meet compliance needs.
In this session, subject matter experts answer the following:
- What is the Greenhouse Gas Reduction Fund (GGRF)?
- What is CCIA? How does it work and why is it important to act now?
- What are strategies for eligible clean energy project pipeline generation?
- Can your pipeline of projects also leverage the Inflation Reduction Act energy tax credits?
- What are the alternative funding sources to be aware of when structuring capital for energy projects? Is there timing to be aware of?
- How should you best develop a lending plan and position your CDFI for subaward?
- What are the compliance pieces that should be prioritized?
Who should watch?
- CCIA award recipients and their partners
- Community Development Financial Institutions (CDFIs)
- State and local government entities
- Community lenders
- Renewable energy developers
