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LAFCO outlines two‑phase Green Bank study to explore Inflation Reduction Act and municipal financing
Summary
Staff presented a two‑phase study to evaluate options for a San Francisco Green Bank: Phase 1 will be a policy review with a memo planned for Jan. 2025; Phase 2 will outline capitalization strategies by a professional banker, with the study intended to benefit Clean Power SF ratepayers and inform related public‑bank work.
LAFCO staff provided an update on Nov. 15 on a Green Bank financing study that will examine how the City and County of San Francisco could use federal and local capital sources — including funding made available under the Inflation Reduction Act — to form a San Francisco Green Bank or municipal financial corporation…
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