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EPA Announces Initial Program Design of Greenhouse Gas Reduction Fund

Under the $7 billion Zero-Emissions Technology Fund Competition, EPA will award competitive grants to states, Tribes, municipalities, and eligible nonprofit entities to enable the deployment of residential rooftop solar, community solar and associated storage and upgrades in low-income and disadvantaged communities. This competition will ensure all families benefit from clean, affordable energy options. EPA expects to award up to 60 grants under this competition.
Under the $7 billion Zero-Emissions Technology Fund Competition, EPA will award competitive grants to states, Tribes, municipalities, and eligible nonprofit entities to enable the deployment of residential rooftop solar, community solar and associated storage and upgrades in low-income and disadvantaged communities. This competition will ensure all families benefit from clean, affordable energy options. EPA expects to award up to 60 grants under this competition.
 
EPA's Greenhouse Gas Reduction Fund will include a nearly $20 billion General and Low-Income Assistance Competition to award competitive grants to eligible nonprofit entities that will collaborate with community financing institutions like green banks, community development financial institutions, credit unions, housing finance agencies and others. Together, these entities will leverage public dollars with private capital to invest in projects that reduce pollution and lower energy costs for families, particularly those in the low-income and disadvantaged communities that have had unequal access to private capital for far too long. Awardees will also facilitate technical assistance and capacity building to strengthen the community-based organizations, small businesses, workers, and suppliers required to accelerate the transition to an equitable net-zero economy and catalyze the jobs of the future. EPA expects to make between 2 and 15 grants under this competition.
 
EPA expects to release Notice of Funding Opportunities for these competitions in early summer 2023.
 
The EPA is hosting a briefing about the announcement and you can register here. The briefing will also be recorded and posted to EPA's GHGRF webpage. The press release is available here.

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