Understand the potential interplay between the Clean Communities Investment Accelerator (CCIA) program, Inflation Reduction Act tax credits and other funding sources to best structure capital for clean energy projects. 

How community lenders can amplify funding for clean energy projects using federal grant and tax credit programs

This whitepaper details the capabilities, systems and tools needed to meet the challenges of managing and administering the Clean Communities Investment Accelerator (CCIA) program for community lenders.

Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator

The Clean Communities Investment Accelerator (CCIA) offers $6 billion in funding, with 90% allocated to community lenders, for financial and technical assistance to support clean energy projects in low-income and disadvantaged communities.

A $6 billion boost for community development financial institutions

Clean Communities Investment Accelerator program kick-starts clean energy projects in low-income communities

The GGRF, with its substantial $27 billion allocation, presents an opportunity for stakeholders in the renewable energy sector, including states, investors, developers and tribal entities.

Capitalizing on the Greenhouse Gas Reduction Fund for renewable energy

Mike Schiavo, Diana Walker, Robert Moczulewski

Maximize energy credits, leverage IRA incentives and navigate the Inflation Reduction Act's federal clean energy incentives. Discover key strategies in our Tax Strategy Playbook.

Maximize energy credits, leverage IRA incentives and navigate the Inflation Reduction Act's federal clean energy incentives with the Baker Tilly Tax Strategy Playbook.

Actionable federal tax insights for energy credits and incentives in 2024

Tyler Inda is a principal with Baker Tilly and president with Baker Tilly Capital, LLC, the private investment banking subsidiary of Baker Tilly. He specializes in consulting with developers, community development entities and investors regarding real estate transactions.

Tyler Inda is a principal with Baker Tilly and president with Baker Tilly Capital, LLC, the private investment banking subsidiary of Baker Tilly.

Assists Community Development Entities (CDEs) and Community Development Financial Intuitions (CDFIs) with New Markets Tax Credit (NMTC) and Capital Magnet Fund (CMF) applications)

Has helped structure and close over $1.5 billion of NMTC transactions for CDEs

Specializes in structuring financial transactions that combine various federal and state incentives including Historic Tax Credits, New Markets Tax Credits, Brownfield Credits, Tax Increment Financing (TIF), USDA loan program, and state/local bonds

Helped create protocols for firm’s NMTC compliance group, which oversees $2 billion million of allocation for CDEs

Created NMTC compliance tool for leading tax credit investor to monitor ongoing compliance with Internal Revenue Service (IRS) and Community Development Financial Institutions Fund (CDFI) regulations

Provides site analysis and due diligence in regards to real estate transactions

Assists developers and businesses in receiving New Markets Tax Credit funding

Community Development Financial Institution Consulting

The Greenhouse Gas Reduction Fund (GGRF) has a $27 billion allocation through the Environmental Protection Agency. Through three complementary but distinct programs, the initiative aims to increase competitive financing options for clean energy projects and catalyze the emergence of green banks, particularly those that support low-income or disadvantaged communities. By investing in innovative technologies and diverse financing strategies, the GGRF aims to drive market development, enhance infrastructure and significantly reduce greenhouse gas (GHG) emissions.  Within the GGRF, the $6 billion Clean Community Investment Accelerator (CCIA) program prioritizes funding for projects that fit into one of three eligible categories:  Net-zero emissions buildings, including new construction and retrofits  Zero-emissions transportation and related supporting infrastructure such as electric vehicle charging stations  Distributed energy generation and storage and related supporting infrastructure Due to the multi-tiered and broad applicability of the GGRF, there are many opportunities to secure funding for projects that maximize community impact. Understanding the specifics of each GGRF allocation category is crucial for stakeholders to design projects that align with eligibility requirements, maintain compliance and advance clean energy investment goals. This webinar will help participating entities navigate eligibility considerations and develop effective strategies for securing and deploying CCIA funding for qualified projects.   In this session, subject matter experts will describe the following:   GGRF overview and specific benefit of CCIA dollars for eligible energy projects   Deep dive into eligibility considerations for priority project types: 
- Net-zero building projects  
- Electric/zero-emissions transportation  
- Distributed energy and storage Designing for compliance with federal regulations  How to use the low-income and disadvantaged communities (LIDAC) mapping tool  Action steps to take today   Who should attend? State and local government entities   Municipalities and municipal utilities  Healthcare organizations Higher education institutions Energy project developers  Housing authorities Community Based Organizations Investors Community lenders Presenters Joel Laubenstein, Principal   Tyler Inda, Principal 

Tyler R. Inda

Location

Madison, WI

Education

Expertise

Tyler's latest insights

How community lenders can amplify funding for clean energy projects using federal grant and tax credit programs

Greenhouse Gas Reduction Fund: Clean Communities Investment Accelerator

Clean Communities Investment Accelerator program kick-starts clean energy projects in low-income communities

Capitalizing on the Greenhouse Gas Reduction Fund for renewable energy

Actionable federal tax insights for energy credits and incentives in 2024

Tyler's upcoming events

Webinar

Navigating project eligibility for the Greenhouse Gas Reduction Fund