President Joe Biden is marking Earth Day by announcing $7 billion in federal grants to provide residential solar projects serving 900,000-plus households in low- and middle-income communities.
FILE - Nicholas Hartnett, owner of Pure Power Solar, holds a panel as his company installs a solar array on the roof of a home in Frankfort, Ky., July 17, 2023. by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities. He also plans to expand his New Deal-style
Forty-nine of the new grants are state-level awards, six serve Native American tribes and five are multi-state awards. They can be used for investments such as rooftop solar and community solar gardens. Biden has often used Earth Day as a backdrop to further his administration's climate initiatives. Last year, he signed an executive order creating the White House Office of Environmental Justice, meant to help ensure that poverty, race and ethnic status do not lead to worse exposure to pollution and environmental harm.
He said the programs can"unlock economic opportunity to create pathways to middle-class-supporting careers, to save people money and improve their quality of life.”passed in 2022. The bank is intended to reduce climate and air pollution and send money to neighborhoods most in need, especially disadvantaged and low-income communities disproportionately impacted by climate change.
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