A Florida nonprofit is trying to make it easier for low-income people in the South to get loans for clean energy projects.
The Solar and Energy Loan Fund has launched the Southern+ Climate Equity Accelerator, which aims to help low-income communities in the region transition to a clean energy economy, the South Florida Sun-Sentinel reports.
"Our vision is for the Accelerator to pursue a more just and equitable transition to a clean energy economy," SELF's director of Green Affordable Housing says in a press release.
SELF, which has financed more than 3,400 sustainable and climate-resilient property improvements since 2010, aims to help communities hit hard by the effects of climate change get loans for clean energy projects.
The accelerator is open to existing and emerging green banks, CDFIs, and other green community lenders across the country.
inaugural members include the Clean Energy Fund of Texas, Energy Alabama, Finance New Orleans, Freedmen Green Bank & Trust, Invest Atlanta, Nevada Clean Energy Fund, North Carolina Clean Energy Fund, and the South Carolina Clean Energy and Resilience Accelerator.
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