Massachusetts Community Climate Bank

Using the power of public funds to leverage private investment and build cleaner, greener, and healthier communities.

Massachusetts Community Climate Bank

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

Across Massachusetts, buildings are the source of 27% of greenhouse gas emissions.  In cities, many of them environmental justice communities, buildings make up as much as 70% of greenhouse gas emissions.

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.

While based at MassHousing, the Climate Bank will leverage the capabilities of MassDevelopment and the Massachusetts Clean Energy Center in the identification, design, and execution of clean energy projects.

To learn more about climate banks across the United States please visit this page.

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