Illinois
Clean Energy Jobs and Justice Fund
GREEN BANK FEATURES
Bank Model
Private/Non-profit
Bank Scope
Statewide
Year Est.
2021
Political Landscape
Democratic Trifecta
Initial Funding
Legislative Funding
Implement. Process?
Clean Energy Jobs and Justice Fund which has a goal of providing loans to low-income areas signed into law 2021 (Public Act 102-0662-Justice Fund Article 20) and provides the green bank the initial funding.
New Instit.
Yes
Reporting
N/A
FOCUS
Will provide financing and low-interest lending to clean-energy projects in low-income and marginalized communities
A nonprofit fund that prioritizes the provision of capital, such as low-interest and zero-interest loans, for renewable energy projects to Minority Business Enterprises (MBEs) and businesses serving low-income, environmental justice, and Black and Brown communities
GOALS
CONTACT INFORMATION
The state of Illinois has two green banks
