The Inflation Reduction Act, which become law in August of 2022, included a $27 billion investment to mobilize financing and private capital to address climate change, ensure our country’s economic competitiveness, and promote energy independence while delivering lower energy costs and economic revitalization to communities that have historically been left behind. While many states had green financing entities poised to leverage these funds, Iowa lacked such an entity to ensure Iowa did not miss out on the opportunity.

The Iowa Energy Fund, a non-profit organization, was created to ensure Iowa’s institutions would have the knowledge, expertise and resources to access these funds to expand affordable housing, promote expanded business opportunities and assist Iowa in the transition to clean-energy technologies.

An experienced and diverse Board of Directors was formed from communities across Iowa, from Council Buffs in the west to Columbus Junction in the east.  Our board has banking, credit union, affordable housing, economic development and energy efficiency experience.

We’re partnering with community organizations that work with low-income partners to create no-or-low carbon affordable housing solutions. We’re coordinating with financing partners from the banking, credit union, and community development financial institution communities. And we will be connecting Iowa-based funders, developers, non-profit organizations and vendors to make these projects easier to plan and finance.

We are currently raising funds to provide the resources needed to bring building efficiency, renewable energy, and zero-emissions technology projects to completion that save money, reduce electricity usage, and cut carbon output for the benefit of all Iowans.

To learn more, reach out to us at team@iowaenergyfund.org.