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File #: LM-2025-0272    Version: 1 Name:
Type: Order Status: First Reading-Favorable
File created: 5/9/2025 In control: Board of Alders
On agenda: Final action:
Title: ORDER OF THE NEW HAVEN BOARD OF ALDERS AUTHORIZING THE MAYOR OF THE CITY OF NEW HAVEN TO APPLY FOR AND ACCEPT THE MARKET BUILDING GRANT AWARD FROM ICLEI - LOCAL GOVERNMENTS FOR SUSTAINABILITY AND THE COALITION FOR GREEN CAPITAL TO DEVELOP A PLAN TO ACCELERATE THE DEPOLOYMENT OF CAPITAL FOR CLEAN ENERGY PROJECTS AND TO CARRY OUT ASSOCIATED PROGRAM ACTIVITIES.
Attachments: 1. 0 - Checklist - OCS Market Building Grant, 2. 1 - Cover Letter - OCS Market Building Grant, 3. 2 - Order - OCS Market Building Grant MM 5.20.2025 CLEAN, 4. 3 - PNF - OCS Market Building Grant, 5. 4 - FIS - OCS Market Building Grant, 6. 5 - NOI - OCS Market Building Grant, 7. 6 - Grant Summary - OCS Market Building Grant, 8. 7 - Executive Summary - OCS Market Building Grant
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ORDER OF THE NEW HAVEN BOARD OF ALDERS AUTHORIZING THE MAYOR OF THE CITY OF NEW HAVEN TO APPLY FOR AND ACCEPT THE MARKET BUILDING GRANT AWARD FROM ICLEI - LOCAL GOVERNMENTS FOR SUSTAINABILITY AND THE COALITION FOR GREEN CAPITAL TO DEVELOP A PLAN TO ACCELERATE THE DEPOLOYMENT OF CAPITAL FOR CLEAN ENERGY PROJECTS AND TO CARRY OUT ASSOCIATED PROGRAM ACTIVITIES.

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WHEREAS, investments in clean energy generate a host of benefits, including job creation, lowered energy costs, and improvements in residents' quality of life;

WHEREAS, no landscape analysis and inventory of all ongoing clean energy projects and investments in New Haven currently exists;

WHEREAS, the New Haven Office of Climate and Sustainability recognizes the need to increase community awareness of and access to available incentives and programs for financing and deploying clean energy projects;

WHEREAS, the Connecticut Green Bank works to accelerate the green economy by using limited public dollars to attract private capital investment in renewable energy, environmental infrastructure, climate adaptation and resilience, land conservation, parks and recreation, agriculture, water, waste, and recycling, and environmental markets;

WHEREAS, the Center for Inclusive Growth has initiated a comprehensive process to identify needs and investments in New Haven through open dialogues and forums in 2025;

WHEREAS, the City of New Haven has, in partnership with the CT Green Bank, the Center for Inclusive Growth, the Yale Center for Business and the Environment, and the Kresge Foundation, applied for funding from ICLEI - Local Governments for Sustainability and the Coalition for Green Capital;

WHEREAS, ICLEI-Local Governments for Sustainability and the Coalition for Green Capital have issued a request for proposals, entitled the Municipal Investment Fund, intended to offer market-building funding and technical support to help communities to develop public-private partnership plans that ca...

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