Capital Good Fund and its nonprofit subsidiary America Bright are piloting a "safe harbor" financing model that helps community-based solar and resilience hub projects secure eligibility for the federal Investment Tax Credit. Kresge's PRI loan will help the fund pre-purchase solar and storage equipment for community-serving buildings, keeping clean-energy incentives accessible to the communities they are meant to serve. View Website

The Louisiana Clean Energy Fund is a newly established clean-energy community development financing intermediary working to close persistent gaps in access to clean-energy financing. Kresge's PRI loan, alongside a grant from the Baton Rouge Area Foundation, will support the fund's first two community solar projects in New Orleans for low- and moderate-income households and help it attract additional capital to scale statewide. View Website

Ryter Cooperative Development is a Detroit-based, Black-owned clean-energy developer working at the intersection of solar, storage and community wealth building. Kresge's PRI loan will finance solar and battery storage projects benefiting Detroit neighborhoods, including installations at Detroit People's Food Co-op, Dream of Detroit, Walker-Miller Energy Services and Eastside Community Network. View Website

RePurpose Capital transforms underutilized commercial buildings in historically disinvested communities into community-serving spaces through adaptive reuse projects that prioritize decarbonization and preserve cultural value. Kresge's PRI loan supports a pipeline sourced through the African American Cultural Heritage Action Fund, reaching across the foundation's environment, arts and culture, American cities and Detroit program areas. View Website

The Kresge Foundation’s guarantee to the National Equity Fund (NEF) will support solar energy installations on affordable housing developments across the United States. This guarantee will protect against the recapture risk of investment tax credits that will be transferred to NEF from project sponsors under the transferability provision introduced by the Inflation Reduction Act (IRA). This syndication model of “direct transfer” credits will be the first of its kind, unlocking the ability of institutional capital to reach smaller-scale solar projects that represent a significant opportunity for renewable energy adoption in underserved communities. View Website

This guarantee supports a program designed to help smaller and mid-sized community development credit unions enter the climate-finance space by making it easier for them to participate in climate-finance loan pools from Inclusiv. Inclusiv helps low- and moderate-income communities achieve financial independence through credit unions. View Website

Inclusive Prosperity Capital (IPC) works to ensure all communities—especially those historically underserved—can access clean energy benefits. IPC finances projects for nonprofits, faith-based groups, small businesses, affordable housing, and lower-income homeowners. Kresge’s guarantee provides credit support for CDFIs buying into the fund, helping them overcome risk concerns and easing their path into the market. View Website

Inclusive Prosperity Capital (IPC) works to ensure all communities—especially those historically underserved—can access clean energy benefits. IPC finances projects for nonprofits, faith-based groups, small businesses, affordable housing, and lower-income homeowners. Kresge’s equity investment offers flexible, catalytic capital that IPC will blend with public and private funds to scale clean energy investments in underserved markets. T View Website

Cap Solar identifies potential clients, puts together a pipeline of investment-ready solar projects, and arranges financing and installation. Cap Solar ensures that its fellow nonprofit clients get the maximum savings from their solar installations. Kresge's $1.5 million loan to Cap Solar supports predevelopment and construction capital. View Website

The Green The Church Redevelopment Fund (GTCRED) is a Black faith-led initiative that mobilizes church-owned property for community revitalization and climate resilience. With Kresge’s investment, GTCRED will provide predevelopment and acquisition capital for faith communities seeking to transform underutilized land into housing, community centers, and clean energy projects. This investment will help GTCRED move its first wave of projects forward while positioning the fund to raise additional capital and scale its impact. This loan will be utilized as pre-development and construction financing for solar, solar+storage, and EV-charging systems installed on buildings owned or leased by members of Green the Church. View Website

The Green The Church Redevelopment Fund (GTCRED) is a Black faith-led initiative that mobilizes church-owned property for community revitalization and climate resilience. With Kresge’s investment, GTCRED will provide predevelopment and acquisition capital for faith communities seeking to transform underutilized land into housing, community centers, and clean energy projects. This investment will help GTCRED move its first wave of projects forward while positioning the fund to raise additional capital and scale its impact. This guarantee will provide credit support to a longer-term capital provider, who will provide the "take-out financing" for systems constructed with Kresge loan proceeds. View Website

Collective Energy focuses on designing and implementing clean energy solutions, particularly for health centers, to ensure reliability and resilience. Kresge's $3 million guarantee help demonstrate how the new transferability of federal investment tax credits can support community projects and support long-term capital needs. View Website

Clean Energy Credit Union (CECU) offers a range of consumer climate-finance products for appliances, EVs, energy efficiency, heat pumps, solar panels, and related products. In partnership with Inclusiv, this $2 million program-related investment loan intends to accelerate the timeline in which community development credit unions enter the climate finance space and expand its solar and other climate-related lending in underserved communities. View Website

PosiGen is a solar panel installation company that offers residential solar and energy efficiency services to low-to-moderate-income homeowners. Kresge's loan will help PosiGen succeed and scale its work in existing and new markets. View Website

The People's Solar Energy Fund aggregates community solar projects in low and moderate-income communities across the country to secure financing at scale with a path to local ownership. These high-impact investments contribute to wealth building, job creation, racial justice, resilience, and a more democratic economy. Kresge's loan will expand availability of pre-development capital of communiy-based solar developers and others. View Website

Greenprint Partners' mission is to use natural techniques to create the sustainable and equitable infrastructure that improves communities and the environment. This loan bridged several government-funded projects. View Website

CEF envisions a future where teams of people in every community are working to produce, manage and wisely use the energy that they need to thrive. They do that by equipping members to build socially-just climate solutions through projects that ensure community ownership, enable participation by households of all incomes and create pathways into the solar workforce for local community members. View Website

This loan provides financial support for software designed primarily for owners of large portfolios of affordable housing developments, which facilitates building decarbonization planning and execution at the portfolio level. View Website

This loan supports predevelopment financing, working capital and construction financing for solar + storage systems installed on power resiliency centers and community solar, primarily in Orleans Parish or surrounding parishes, as part of the Community Lighthouse project View Website

This subsidiary of Urban Ingenuity will receive a $1.1 million program-related investment loan to bring community solar to environmental justice groups and affordable housing developments. View Website