This is a big day -- for us, for our partners, and for the country.
Together with our coalition – Habitat for Humanity International, Local Initiatives Support Corporation (LISC), Rewiring America, and United Way Worldwide – we will use this award to deploy a powerful combination of financing, market building, and community engagement to create healthier, safer, more affordable homes.
The National Clean Investment Fund, part of the Inflation Reduction Act, represents one of the most profound public investments in climate resilience in our nation's history. With this award, Enterprise has been entrusted to help turn the nation's most critical climate legislation into transformational housing legislation by ensuring the preservation and creation of affordable, resilient homes nationwide.
It is a vision driven by hope, energy, and action, elements that our founder Jim Rouse believed are essential to success. Society, said Jim, "will rise to the big and dramatically good plans—they will yawn at the timid, the cautious, the unconvincing."
Enterprise's role on the Power Forward Communities coalition reflects our over 20 years of leadership in green building, climate resilience and equitable decarbonization, along with the strength and reach of our broad coalition. It drives home my belief that to do big things, we must build a bigger tent: to date, over 320 partners have joined the Power Forward Communities coalition and have committed to working with us to decarbonize American homes nationwide.
At a time when renters and housing providers are facing skyrocketing costs, our coalition is purpose-built to offer low-interest financial products, technical assistance, training programs, digital resources, and other tools to lower emissions and drive down costs. This effort couldn't be more critical in our work ensuring an affordable home for the millions of Americans without one.
We are thrilled to share that Power Forward Communities, a landmark new coalition co-led by Enterprise, has been awarded a $2 billion National Clean Investment Fund (NCIF) grant from the US Environmental Protection Agency (EPA). Together with our trusted coalition partners – Rewiring America, Habitat for Humanity International, Local Initiatives Support Corporation (LISC), and United Way – we are dedicated to helping transform the housing sector by creating healthier, more climate resilient, and more affordable homes.
Learn more about Power Forward Communities’ mission to invest in stronger communities, save homeowners and renters money, and help meet our nation’s climate goals: https://lnkd.in/gx3jsKT2