DC Green Bank’s Annual Report highlights our achievements over the 2024 fiscal year in service of our mission of investing in the clean economy and advancing a more equitable, resilient, and sustainable District. Highlights include: $11 million in investments in green affordable housing developments and solar energy projects. DC Green…
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DC Green Bank Finances Solar Power and Energy Efficiency Upgrades to the Historic Howard Theatre
October 30, 2024(Washington, D.C.) – DC Green Bank and the Howard Theatre Development Group today announced $775,000 in financing for solar power and energy-efficient upgrades to the historic Howard Theatre in Ward 1. The loan will fund the installation of a solar power system and an energy-efficient HVAC system. The Howard Theatre…
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DC Green Bank, Amalgamated Bank, and Aligned Climate Capital Announce $20M Community Solar Project to Benefit Over 1,000 Households in DC
October 23, 2024(Washington, D.C.) – DC Green Bank and Amalgamated Bank today announced a deal to provide an affiliate of Aligned Climate Capital with $13 million in financing to build a $20 million, 6.1-megawatt community solar project in DC. The solar energy system will provide monthly utility bill savings for more than…
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DC Green Bank Invests $1.59 Million in Energy-Efficient Improvements at Mi Casa Affordable Housing Developments
October 22, 2024Washington, D.C. – DC Green Bank and Mi Casa, Inc., today announced $1.59 million in financing for energy efficiency improvements as part of a $25.3 million rehabilitation of two affordable housing developments in Ward 4. The loan will fund the installation of a high-efficiency HVAC system, Energy Star appliances, high-efficiency…
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DC Green Bank and City First Enterprises Finance Solar Energy System at Ward 7 Church
September 11, 2024(Washington, D.C.) – DC Green Bank and City First Enterprises today announced financing through a small business loan partnership for a rooftop solar system at First National Baptist Church in Ward 7 in Southeast DC. The $115,000 loan to ROI Solar will fund the installation of a 32kW solar power…
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DC Green Bank Welcomes New Board Members
July 24, 2024DC Green Bank is proud to welcome two new board members, Monica Warren-Jones and Anthony Washington. These two new board members will fill important roles on the DCGB board through their experience in affordable housing and community development. Read the full bios of these new members on the Our Team…
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DC Green Bank Announces $3 Million in Financing for Energy-Efficient Geothermal System for Affordable Housing at Barry Farm
June 26, 2024DC Green Bank is proud to announce the closing of $3 million in financing to improve the energy efficiency of a new building in the Barry Farm redevelopment in Ward 8. The new building, The Edmonson, will be all-electric and seek Passive House certification, one of the highest standards for…
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Press
Multi-Housing News: Can Green Banks Fast-Track the Switch to Clean Energy?
May 17, 2024A new article in Multi-Housing News by Patricia Kirk features DC Green Bank in an overview of how green banks, boosted by new funding from the Inflation Reduction Act, can accelerate the transition to green energy and crowd in public investment in their communities. From the article: “Last year, for…
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DC PACE Program and Peachtree Group Announce $3.5 Million in Financing for Clean Energy and Energy Efficiency Upgrades for Multi-Family Housing in Ward 5
May 16, 2024(Washington, D.C.) – The DC PACE Program and Peachtree Group are proud to announce the closing of $3.5 million in financing to improve the sustainability and energy efficiency of a new five-story mixed-use building in Ward 5. This project will include solar panels, insulation, LED lighting, and energy-efficient water fixtures…
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Annual Report & Audited Financial Statements
December 28, 2023DC Green Bank is on the leading edge of the sustainable financing and green banking movement. We play a critical role in the District’s ecosystem of actors that are charged with achieving the city’s climate, energy, economic development, and equity goals. We are proud of the partnerships we have developed,…
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The NonProfit Times – Loan Fund Launched for Nonprofits’ Green Building Upgrades
March 16, 2021DC Green Bank, a Washington, D.C.-based program that promotes sustainable infrastructure, has launched a loan program that supports energy-saving work within the District. The new program, Navigator, provides pre-development loans for community-based nonprofit organization buildings, commercial buildings, and multifamily or mixed-use properties with five or more residential units. The loans…
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Next City – What Is a Green Bank?
March 3, 2021Next City’s Senior Economics Correspondent, Oscar Perry Abello, wrote recently about green banks: “Green banks are part of a long tradition of using public or collective dollars to sway private investment into serving markets that it hasn’t served, or providing products it hasn’t provided before. Neither they nor the private…
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