Municipal Investment Fund

The Coalition for Green Capital (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. The fund is a transformative $60 million grant opportunity for 100+ communities to originate their own projects and for up to 10 communities to become the focus of concentrated investment and local economic development.

What you need to know:

Phase I: 100+ Qualified Communities are Chosen to Build Public-Private Partnership Plans

CGC and ICLEI USA will select up to 104 communities, two communities from every state, as well as up to four Tribes, the District of Columbia, or local governments in federal territories. Qualified communities will receive up to $250,000 in market-building grants and technical support from ICLEI USA to develop public-private partnership plans that can finance NCIF-qualified projects. Interested communities submitted a short proposal to ICLEI USA by March 5, 2025.

As of April 2025, the Municipal Investment Fund (MIF) received 112 applications from 46 states, DC, and Puerto Rico including 5 Tribal applicants from Alaska, Louisiana, Minnesota, Oklahoma, South Dakota, and Wisconsin who want to develop their own public-private partnerships to invest in NCIF qualified projects and lower costs for consumers in their state. CGC and ICLEI USA are currently reviewing all submissions, however, the Municipal Investment Fund is contingent on availability of funding.

CGC Submitted First Semi-Annual Report to the EPA

We invite you to be part of this transformative opportunity to create jobs, clean air, clean water, and reduce costs for all Americans through the Municipal Investment Fund. Together, we can make a significant impact in helping the United States pave the way for a cleaner tomorrow!

ABOUT COALITION FOR GREEN CAPITAL

The Coalition for Green Capital (CGC), doing business as the American Green Bank Consortium, is a 501(c)(3) chartered specifically to reduce greenhouse gas emissions and other forms of air pollution and redress climate and energy-related environmental injustice. Green banks are a proven finance model that uses public and philanthropic funds to mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies. For over a decade, the Coalition for Green Capital has led the Green Bank movement, working at the federal, state, and local levels in the U.S. and countries around the world. For more information, visit: https://coalitionforgreencapital.com.

ABOUT ICLEI- LOCAL GOVERNMENTS FOR SUSTAINABILITY USA ICLEI – Local Governments for Sustainability USA (ICLEI USA), headquartered in Denver, Colorado, has operated for 32 years as the largest and first local government network dedicated to sustainability and climate action. ICLEI USA has worked with over 1,200 network cities, towns, counties, and Tribal nations in all 50 states.