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Abstract
Among the multi-faceted goals of the 2022 Inflation Reduction Act rests a cornerstone mission with broad implications for the environmental sector: to proliferate domestic investments into clean energy in a broader goal to mitigate the increasingly pernicious effects of climate change. Similarly, the 2021 Bipartisan Infrastructure Bill aims at strengthening the domestic clean energy sector. One avenue in which investments are facilitated are through federal grants provided to state-level organizations, which in turn can translate grants into financing packages for organizations and enterprises that meet federal and state guidelines associated with these new environmental initiatives. Within the state of Illinois, organizations such as the Illinois Finance Authority serve as the intermediary in connecting local organizations to such forms of funding. However, these rather nascent initiatives have been jeopardized in light of President Trump’s inauguration as president earlier this year; his goal to freeze federal funding that has been both promised and partially or fully distributed presents unprecedented circumstances for both the IFA and the organizations that it serves. Given these recent developments, there is ample room to unpack the imminent challenges that organizations like the IFA face within the context of changing political powers.