Project Traits
State: Multiple
Congressional District: Unknown
Organization Type: NGO
Partner Organization(s) Type: None or Unknown
Energy Sector: Resilience
Energy Subsector: Energy Efficiency
Project Start Year: Unknown
Project Launch Year: 2024
Government Support Received: Federal Grant [Greenhouse Gas Reduction Fund] for $500,000,000
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
The Green Bank for Rural America was made possible through a $500 million EPA grant to the Appalachian Community Capital thanks to the Inflation Reduction Act.
The Green Bank will leverage private capital to finance an estimated $1.6 billion into 2,000 new energy projects, creating 13,000 good jobs and reducing up to 850,000 tons of harmful pollution annually. (https://woodlandswv.org/2024/08/29/green-bank-for-rural-america-empowers-rural-communities-in-new-energy-economy/)
For more information: https://greenbankforruralamerica.org/.