Ecority

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[Organization Contact Name]

[Organization Address]

[Organization Contact Name], [Organization Contact Title]

Re: Letter of Interest in Support of Ecority's Application for Receiving Grant Awards from the Greenhouse Gas Reduction fund, Funding Opportunity Announcement (FOA) Number: EPA-R-HQ-CCIA-23 and (FOA) EPA-R-HQ-NCIF-23

[Organization Name] supports Ecority in applying for grant funding from the Environmental Protection Agency (EPA) under the Greenhouse Gas Reduction Fund (GGRF). Through this letter, we are conveying our strong interest in joining Ecority as a community lender partner for the purpose of enabling Ecority, as a nonprofit lending intermediary, to deliver in the most efficient and cost-effective manner, low-interest loans and other financial and technical assistance for the rapid deployment of clean energy projects to our local communities through both the Clean Communities Investment Accelerator (CCIA) and National Clean Investment Fund (NCIF) programs.

The assistance received through the GGRF grants through Ecority, will ensure that a national network of credit unions and community development financial institutions (CDFIs) will have the capital needed to finance such clean energy projects that are necessary to advance a just transition to a clean energy economy. As a credit union/CDFI lending intermediary, Ecority will enable [Organization Name] and hundreds of other community lenders to finance at the lowest cost a multitude of clean energy projects that are especially focused on low-income and disadvantaged communities.

Insert a paragraph here describing your organization's interest in participating as a community lender, what support you intend to seek from each program, and how your organization intends to use that support.
In doing so, please provide information such as:

  • Your organizational background (including what time of community lender), history, reputation, and any climate lending history
  • A short description of the community(ies) you serve including identification of low-income or otherwise disadvantaged communities in the area as well as characterization of your current and historical customer base and, if possible, a description of how you engage with either or both of your customers and the community at large.
  • A short summary of the type of support that your organization intends to seek from Ecority and / or first-tier subrecipients under each program – such as technical assistance and/or capitalization funding under CCIA and other financial assistance for projects such as loans, loan guarantees, lines of credit, etc. under NCIF; and
  • Scale of funding that your organization anticipates requesting from Ecority (for both capitalization and technical assistance from the grant funding under CCIA and other financial assistance under NCIF.)

[Organization Paragraph]

[Organization Name] supports Ecority's efforts to maximize the amount of funding awarded by the EPA through the GGRF grant competition. In anticipation of Ecority receiving a substantial grant award from the GGRF, we look forward to entering into an agreement to participate as a community lender through Ecority in order to accelerate our investments in and deployment of, specific clean energy projects in our local communities. This grant funding support will enable us to ensure a clean energy transition in low-income and disadvantaged communities consistent with the goals of the GGRF. Furthermore, and for these important reasons, [Organization Name] authorizes Ecority to use this letter of interest in support of their applications to both the CCIA and NCIF competitions.

Sincerely,

[Organization Contact Name], [Organization Contact Title]

When complete, click save and email the document to ggrf@ecority.org