DC Green Bank and MED Developers today announced $3 million in financing to improve the energy efficiency of a new building that will create nearly 70 affordable homes in Ward 6. DC Green Bank’s loan will support the installation of an energy-efficient HVAC system, Energy Star appliances, and energy-efficient lighting,…
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FY2024 Annual Report
December 18, 2024DC 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…
Read MoreDC Green Bank Finances Solar Energy System and Roof Repairs at Walker Memorial Baptist Church in Ward 1
November 14, 2024(Washington, D.C.) – DC Green Bank and Walker Memorial Baptist Church announced $415,000 in financing for a solar energy system and roof replacement. The loan will fund the installation of a 68kW solar power system, which is estimated to save the Ward 1 church nearly $10,000 on its utility bills…
Read MoreDC 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…
Read MoreDC 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…
Read MoreDC 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…
Read MoreDC 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…
Read MoreDC 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…
Read MoreDC Awarded $4.6 Million by U.S. DOE to Launch New Loan Fund to Increase Energy Efficiency in Affordable Housing
July 17, 2024(Washington, D.C.) – The District’s Department of Energy and Environment (DOEE) was awarded $4.6 million by the U.S. Department of Energy to establish an innovative loan fund led by DC Green Bank to boost energy efficiency improvements in affordable housing. Led by DC Green Bank, the loan fund will help…
Read MoreBisNow: NoMa’s ‘Flatiron’ Apartment Project Lands Construction Financing
July 2, 2024A new article from BisNow reports on DC Green Bank’s financing to The NRP Group for a new sustainable affordable housing property at 301 Florida Ave NE. DC Green Bank’s funding will support the installation of a high-efficiency heating and cooling system, which will help the building meet Enterprise Green…
Read MoreDC 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…
Read MoreMulti-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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