Grants to Non-profit Lenders

Clean Energy Fund (CEF)

Solar panel installation

Through the Clean Energy Fund, Commerce provides grants to non-profit lenders who connect small businesses, non-profits, multi-family building owners, and homeowners with low-cost financing for clean energy projects. Grants provided through this program provide revolving loan funds that help to reduce risk and provide inexpensive capital for underserved markets to deploy clean energy projects.

The revolving nature of the fund allows it to be utilized many times over. By connecting clean energy projects with innovative financing, Washington can accelerate market expansion and unlock opportunities for underserved markets to participate in the green economy while avoiding unmanageable debt. Historically, every $1 invested in this program is leveraged by $6 or more while supporting over 5,000 energy projects across the state.

Now Accepting Applications

Up to $5.3 Million in funding available for Grants to Non-profit Lenders

Qualifying applicants must be non-profit lenders including but not limited to:

  • Community Development Financial Institutions as certified by CDFI Fund, US Treasury Department
  • Credit Unions
  • State conduit financing entities like the Housing Finance Commission
  • Tribal Lending Enterprises

Priority will be given to applicants with projects that benefit vulnerable populations including Tribes and communities with high environmental or energy burden. Commerce is looking for non-profit lenders that make loans available to the following types of projects:

  • Residential, commercial, industrial and agricultural energy retrofits
  • Residential and community-scale solar installations
  • Anaerobic digesters to treat dairy and organic waste

A total of $5,329,000 in funding is available for eligible applicants and Commerce will make multiple awards.

Applications are due by 5 p.m. PST July 27, 2021

Program Information:

Application

Other Application Materials

Questions and Answers

Applicants may submit questions in writing to CEF@commerce.wa.gov. All questions and responses will be posted on the program webpage every week.

Pre-Application Webinar

A pre-application conference webinar was held on June 22, 2021. Follow the link below to watch a recording of the webinar.

To find out more about current nonprofit partners and their projects please see the “Project Grantees to date” section.

Additional Information

Project Grantees to date

Need help?

Gerardo Gonzalez Gomez
Grant Program Manager
Email your questions with RLF in the subject line to:
CEF@commerce.wa.gov

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