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Massachusetts Launches Community Bank to Address Climate and Affordable Housing

HeadlineJun 14, 2023

In Massachusetts, Governor Maura Healey unveiled a new green bank that will be focused on affordable housing and environmental justice. The Massachusetts Community Climate Bank is part of the state’s effort to cut emissions by 50% by 2030, and to achieve net-zero greenhouse gas emissions by 2050. This is Governor Healey.

Gov. Maura Healey: “We’re going to be putting forward opportunities, tools to decarbonize buildings, which are, as I said, a major source of emissions. This climate bank is going to grow over time to address the urgent needs across this sector. We’re going to be able to innovate and finance deep energy retrofits, on-site electric vehicle charging and solar projects that will demonstrate the viability of these technologies at a community-wide scale.”

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