Using the power of public funds to leverage private investment and build cleaner, greener, and healthier communities.
Establishing a Community Climate Bank will help outfit cleaner, greener buildings. By attracting capital from federal government and private sector sources to partner with state funding, the Climate Bank will accelerate our ability to build clean energy projects, driving our progress toward a net-zero future.
To promote a just energy transition and to meet the needs of environmental justice populations, the Climate Bank will focus its mission on the affordable housing market, where residents bear a disproportionate burden in energy costs.
Working Across Government to Deliver Bold Solutions
Located within MassHousing, the state's affordable housing finance and investment bank, the Climate Bank will develop finance programs and products designed to work in concert with MassHousing’s primary role in providing mortgage finance to affordable housing.