Expanding opportunities in America’s cities

Inclusive Prosperity Capital

Rocky Hill, Connecticut
Up to $10 million guarantee

Awarded

Committed:
2018

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.

Project:
Increasing financing for climate resilience

Area Served

Area Served:
Northeast and Mid-Atlantic; eventually National