The Renewable and Energy Efficiency Financing Grant Program is a four-year partnership between Opportunity Finance Network (OFN) and an anonymous donor. Between 2019-2022, OFN is providing up to a total of $5.25 million in grants to OFN members focused on renewable and energy efficiency financing.
The 2020 Program will provide between 15 to 20 total grants—ranging from $50,000 to $200,000 per award—to provide lending capital and loan loss reserves to OFN members for renewable and energy efficiency financing. A total of up to $1,450,000 in grants will be made in 2020.
The Award must be used for lending capital or for a loan loss reserve. The Award cannot be used for operating purposes.
Awardees are required to sign grant documents associated with their Award.
Awardees will be required to submit a narrative report related to the progress of the Awardees’ strategy and a financial report related to the use of funds due one year following receipt of an Award.
Awardees will contribute to and participate in efforts by OFN to promote Awardees’ innovative strategies and spark replication through articles, webinars, social media, etc.
Applicant is a U.S. tax-exempt organization with a current 501(c)(3) determination letter from the Internal Revenue Service. If your organization does not have this tax status, it may be eligible if it is a CDFI certified by the U.S. Treasury CDFI Fund.
Applicant is a member of the Opportunity Finance Network.
Please click here for a PDF copy of the Renewable and Energy Efficiency Financing Grant Program Guidelines.
The application period is now closed.
If you have questions about the application process for the 2020 Renewable and Energy Efficiency Financing Grant Program, please email Seth Julyan or call 202.868.6920.
BECOME AN OFN MEMBER