Grants / Environmental Protection Agency / Environmental Protection Agency

EPA-R-HQ-NCIF-23: National Clean Investment Fund (NCIF)

Closed Closed October 12, 2023 Opportunity EPA-R-HQ-NCIF-23 ☆ Save

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Environmental Protection Agency notices from 2023.

• Award ceiling$14 billion
• Total funding$14 billion
• Expected awards3
• Cost sharingNot required
• Funding typeCooperative Agreement, Grant

Key dates

Who can apply

This opportunity was open to the applicants described in the notice.

• Others (see text field entitled "Additional Information on Eligibility" for clarification)

See Section III of funding opportunity for eligibility information.

Is this a realistic fit?

• Past Greenhouse Gas Reduction Fund: National Clean Investment Fund awards averaged $4.7 billion; this notice allows up to $14 billion per award.
• Most of the program's money (100% over five years) went to nonprofits.
• No cost sharing or match is required.

What the grant funds

President Biden’s Inflation Reduction Act authorized the U.S. Environmental Protection Agency to implement the Greenhouse Gas Reduction Fund, creating a historic $27 billion investment in communities across the country—from states to territories to Tribal lands, from the largest urban cities to the most remote rural towns. This bold investment will not only deploy clean energy and combat the climate crisis but also improve health outcomes, lower energy costs, and create high-quality jobs for Americans—all while strengthening our country’s economic competitiveness and ensuring energy security. As part of this investment, EPA is launching three distinct but complementary grant competitions: a $14 billion National Clean Investment Fund competition to finance clean technology deployment nationally; a $6 billion Clean Communities Investment Accelerator competition to finance clean technology deployment in low-income and disadvantaged communities while simultaneously building the capacity of community lenders that serve those communities; and a $7 billion Solar for All competition to spur adoption of clean distributed solar energy that lowers energy bills for millions of Americans in low-income and disadvantaged communities. This Notice of Funding Opportunity provides details on the $14 billion National Clean Investment Fund competition. This competition will provide grants to 2–3 national nonprofit financing entities to create national clean financing institutions capable of partnering with the private sector to provide accessible, affordable financing for tens of thousands of clean technology projects nationwide.

Category: Environment.

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.