A lawsuit by Climate United against the E.P.A. and Citibank highlights a significant dispute over nearly $7 billion in grant money that is currently frozen. The funds, part of a green financing program, were intended to support various climate change projects across the country, including solar power and energy-efficient housing. The E.P.A. administrator has raised concerns about the program's management, leading to claims of financial hardship among nonprofits and developers relying on these funds for their projects. Climate United argues that this issue is critical for community financial health rather than a political statement.
Climate United alleges that the E.P.A. and Citibank have illegally withheld nearly $7 billion in grant money, impacting projects aimed at fighting climate change.
The E.P.A. administrator criticized the green financing program, suggesting it was designed hastily and with insufficient oversight, resulting in a freeze on funds for nonprofits.
Beth Bafford, chief executive of Climate United, emphasized the importance of accessing clean energy funds, stating it benefits homeowners and public schools without a political agenda.
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