EPA awards $20 billion in green bank grants for clean energy projects nationwide
by Alexa St. John
Apr 04, 2024
3 minutes
The Environmental Protection Agency on Thursday awarded $20 billion in federal "green bank" grants to eight community development banks and nonprofit organizations to use on projects combating climate change in disadvantaged communities and helping Americans save money and reduce their carbon footprints.
The money could fund tens of thousands of eligible projects ranging from residential heat pumps and other energy-efficient home improvements to larger-scale projects such as electric vehicle charging stations and community cooling centers, according to senior administration
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