Funding access and capacity building was a top priority at the event, discussed in a breakout with the SGC Transformative Climate Communities team, at a Funding the Future panel with SGC, the California Public Banking Alliance, and Horne, and in afternoon roundtables. Participants emphasized that insufficient and unstable investments, misaligned state and federal funding priorities, and inaccessible application processes leave local governments and community organizations under-resourced and overburdened.
Key challenges included declining revenues, rising construction and insurance costs, arbitrary caps, jurisdictional fragmentation, unstable federal dollars, and state and city budget shortfalls. Communities also cited rigid funding rules that separate infrastructure from programming, a reluctance to fund private property improvements, reactive disaster-driven investments, shifting state and federal priorities, fragmented and inconsistent grant programs, burdensome reimbursement and match requirements, and limited staff capacity for complex applications.
Potential local solutions included developing simplified programs with easier access, using prepaid bonds, sub-granting models, and innovative revenue streams like resilience taxes and public banking. For state and federal actors, participants urged streamlined and modernized grant portals, flexible grant tiers, faster disbursement, advanced pay options, expanded technical assistance, incentive alignment across agencies, and greater risk tolerance to encourage innovation and proactive investments.
Best practices highlighted during discussions included Clean Power Alliance’s use of prepaid bonds, local and state public banking initiatives, Habitat for Humanity’s leveraging of supplemental funds, Prop 4’s climate and resilience investments, and SGC’s technical assistance programs—all demonstrating how flexible, community-centered funding can expand access, sustain capacity, and strengthen long-term climate resilience.