KHIC’s McDaniel named to steering committee of $500 million Green Bank for Rural America
Brenda McDaniel, executive vice president and CFO for Kentucky Highlands Investment Corporation, was named to the steering committee of the Green Bank for Rural America.
With a $500 million award from the Environmental Protection Agency, the Green Bank will leverage private capital to finance an estimated $1.6 billion into 2,000 new energy projects, creating 13,000 good jobs and reducing up to 850,000 tons of harmful pollution annually.
Rural communities in Appalachia and across the nation have long been the backbone of American energy production. The Green Bank for Rural America will build upon this legacy, revitalizing these communities by connecting them to new sources of financing, creating opportunities for a prosperous future.
Appalachian Community Capital, which made the announcement recently, said this transformative initiative will diversify local economies and create good-paying jobs, preserving the quality of life in rural places and the natural beauty of rural landscapes.
“The Green Bank for Rural America is a place-based effort that will be a hub for investment and technical assistance to community lenders, local leaders, and workforce development partners across the United States,” said Donna Gambrell, ACC President and CEO. “We are grateful to the EPA for this recognition. We want to ensure that no communities are left behind and that low-income and disadvantaged communities in Appalachia and other parts of this country benefit from efforts that will result in healthy communities for generations to come.”
