EPA awards $20 billion in green bank grants for clean energy projects nationwide

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Joe Biden News

Climate,Kamala Harris,Washington News

The U.S. Environmental Protection Agency is awarding $20 billion in grants for clean energy projects combating climate change, including residential heat pumps, electric vehicle charging stations and community cooling centers.

PoliticsFILE - In this Sept. 21, 2017, file photo, the Environmental Protection Agency Building is shown in Washington. The funds come from two programs that are part of the green bank created in the Biden administrations landmark climate law passed in 2022.

The $6 billion Clean Communities Investment Accelerator also granted money to five institutions that will work with other groups to establish hubs that make funding and technical assistance accessible to community lenders. —Appalachian Community Capital, a nonprofit community development financial institution working with lenders in Appalachia, received $500 million.

 

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