Municipal Investment Fund
CGC announced the launch of the Municipal Investment Fund (MIF) Request for Proposals (RFP) with ICLEI – Local Governments for Sustainability USA (ICLEI USA) in January 2025. MIF is a transformative opportunity for communities across the U.S. to develop a pipeline of finance-ready clean energy and water infrastructure projects that will unlock private investment, create jobs, lower energy costs, and improve the quality of life in these communities.
CGC, in partnership with ICLEI – Local Governments for Sustainability USA, is providing market-building funding and technical support to help local governments, Tribes, and nonprofit partners develop public-private partnership plans that attract investment in clean energy and water infrastructure. Through the Municipal Investment Fund, selected communities will receive $250,000 and tailored technical assistance from ICLEI USA to design a public-private partnership plans that will lead to the development of revenue-generating, commercially financeable projects.
In March 2025, The Municipal Investment Fund Receives 112 Applications Across 46 States and Tribal Nations Despite Funding Freeze | ICLEI USA. 2 more applications were received from 2 more states after this announcement, bringing the total to114 applications from 48 states. In July 2025, CGC announced a $12.5 million investment in awards to 50 U.S. communities.
The Municipal Investment Fund is contingent on the availability of funding.