Opportunity Title:
Greenhouse Gas Reduction Fund: General Assistance & Low Income & Disadvantaged Communities Grant Program
Description:
The GGRF will make funding available on a competitive basis for financial and technical assistance for projects that reduce or avoid greenhouse gas emissions and other forms of air pollution, with a particular emphasis on projects in low-income and disadvantaged communities. The overarching objectives of the GGRF are to (1) reduce emissions of greenhouse gases and other air pollutants; (2) deliver benefits to low-income and disadvantaged communities; and (3) mobilize financing and private capital to stimulate additional deployment of greenhouse gas and air pollution reducing projects. The Greenhouse Gas Reduction Fund will be implemented via two programs: 1) The $7 billion Zero-Emissions Technologies Program, which will award $7 billion in competitive grants to implement Clean Air Act Section 134 (a)(1), and 2) The $19.97 billion General Assistance and Low-Income and Disadvantaged Communities Program, which will award $19.97 billion in competitive grants to implement Clean Air Act Section 134(a)(2) and Section 134(a)(3). This assistance listing (66.957) describes the $19.97 billion General Assistance and Low-Income and Disadvantaged Communities Program. A related assistance listing (66.959) describes the $7 billion Zero-Emissions Technologies Program. Funding priorities will be described in the Notices of Funding Opportunities (NOFO).
Eligibility:
nonprofit organization that (A) is designed to provide capital, leverage private capital and provide other forms of financial assistance for the rapid deployment of low- and zero-emission products, technologies, and services; (B) does not take deposits other than deposits from repayments and other revenue received from financial assistance using the grant funds; (C) is funded by public or charitable contributions; and (D) invests in or finances projects alone or in conjunction with other investors.
Total Amount Available:
$19,970,000,000
Application Deadline:
EPA is developing this program and will determine the range and average of financial assistance as part of the NOFO development process.
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