This loan will allow Michigan Saves to carry out a project lending directly to homeowners, small businesses and nonprofits located in low- and moderate-income areas of Detroit for energy retrofitting, building electrification and solar panel installation. The loan will allow Michigan Saves to address a critical market gap, as areas of Detroit and other low-to-moderate income areas of the state do not get their fair share of lending capital for this purpose. View Website

This guarantee supports BlocPower’s goals of increasing energy retrofitting and “electrification” (elimination of on-site fossil fuel combustion) in the most disinvested city neighborhoods by supporting its ability to attract significant capital market investment. The guarantee also will support the first “whole-of-city” approach to these issues through BlocPower’s partnership with Ithaca, New York . View Website

The purpose of this convertible note is to enable Greenprint Partners to make certain enterprise-level investments such as hiring its first Chief Financial Officer, completing a strategic planning process, and developing new markets. Greenprint’s mission and focus is to bring the benefits of green stormwater infrastructure to communities that are often overlooked and not prioritized for water infrastructure-related investments. View Website

The investment will contribute to the continued growth of PosiGen, as the company works to close the clean-energy-affordability gap by making solar and energy efficiency available to all homeowners. View Website

Financing Resilient Power is a guarantee facility that will increase climate resilience in low-income communities. Backed by this Kresge guarantee, NYCEEC will make investments in solar + storage and stand-alone solar PV projects in multi-family affordable housing, other supportive housing, commercial facilities and mixed-use projects, among others. View Website

This program-related investment loan supported the purchase of Baltimore Stormwater Environmental Impact Subordinate Revenue Notes from the City of Baltimore. This work is an outgrowth and continuation of grant-funded work with the Chesapeake Bay Foundation (CBF) to advance green infrastructure and innovative financing mechanisms in climate-vulnerable, underserved communities in the Chesapeake Bay Region. The project will include construction of more than 100 green infrastructure sites, which will vastly increase the use of this climate change resiliency measure in Baltimore, where currently there are just a handful of sites. View Website

Inclusive Prosperity Capital (IPC) addresses the green energy financing gap by increasing access to capital for low-to-moderate income communities and nontraditional credits like nonprofits, faith-based organizations, housing authorities, schools, and small businesses. This guarantee will help IPC attract private capital investments to support its financing of clean energy and other climate resilience projects. Projects will include third-party solar for housing authorities, community facilities, and municipal buildings, and it will also support clean energy for affordable single- and multi-family developments. IPC will also work in partnership with developers operating in underserved markets with technology solutions or business model innovations that have yet to reach adequate scale to attract investment from the capital markets. View Website

Fresh Coast Capital (FCC) is a mission-driven project developer that helps cities develop and finance community-focused green storm water infrastructure with intentional community engagement. This program-related investment will provide critical growth capital to FCC, helping the company to accelerate the development of its team, lines of business, and customer base. View Website

National nonprofit supporting housing preservation through public policy advocacy, real estate development and lending to persevere, improve and maintain affordable housing. This loan is granted for the East of the River Opportunity Fund to create and preserve energy-efficient affordable housing in Wards 7 & 8 of Washington, D.C. View Website

Saint Paul Port Authority (SPPA) is a Development Finance Agency (DFA) that works to improve people’s lives by building vibrant economic communities through good paying jobs and property tax revenue. This loan will be used to finance energy-efficiency and renewable-energy projects in low-income communities in Minneapolis-St. Paul. View Website

The nation’s first green bank works to accelerate green energy adoption in Connecticut by making green energy financing accessible and affordable for homeowners, businesses and institutions. This loan supports the installation of solar generation and storage systems in affordable housing and other community facilities in Connecticut’s urban and coastal communities. View Website

This guarantee will provide credit enhancement for the Slow Energy Fund, a fund of up to $20 million in investment capital to finance energy efficient building upgrades in public-serving buildings including affordable housing developments, schools, health centers and municipal government facilities. The goal of the fund is to lower energy consumption in small- to medium-sized buildings that serve a public purpose, allowing owners to repay the cost of investment through savings generated from the efficiency upgrades. View Website

The not-for-profit conservation organization implements innovative restoration projects to improve the health of freshwater ecosystems. The investment supports expansion of the organization and its efforts to cool municipal water emissions naturally and economically through the use of native trees and plants. The Packard Foundation and Moore Foundation are co-investors. View Website