HBCU Green Fund
The HBCU Green Fund is a non-profit (501 C3) that works to advance campus-wide sustainability at historically black colleges and universities (HBCUs). We are working to finance energy efficient buildings and infrastructure upgrades. We also support interdisciplinary sustainability curriculum and promote student engagement in sustainability initiatives.
Investment in HBCUs generates multiple dividends advancing social justice and equity. Support for HBCU research and education initiatives seldom includes funding for infrastructure upgrades. Under-resourced institutions, particularly small private HBCUs, often lack upfront capital for audits and planning that would enable them to identify and prioritize retrofits and renovations that reduce deferred maintenance, utility bills and operating costs. As a result, institutions are left paying more and attending to crisis situations in a less than optimal environment.
The HBCU Green Fund is conceived as a collective “green revolving loan fund” that invests in projects that generate energy and other utility savings sufficient to repay the loans. With older buildings and millions in deferred maintenance at most HBCUs there is significant opportunity to leverage impact investment to achieve significant resource and financial savings. As the demand for social impact grows it opens the door to innovative investment strategies.
We have cultivated a strong diverse network and partners possessing expertise required to successfully identify, assess, implement and manage efficiency projects.