The DC PACE Program and PACE Equity announced the closing of $22.5 million in financing to improve the sustainability and energy efficiency of a new 73-room hotel in Dupont Circle. The building will include a highly efficient HVAC system, improved insulation, LED lighting, and water efficient fixtures and elevators. The…
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DC Green Bank and PACE Equity Invest $3.1 Million for New Energy-Efficient Affordable Housing in Ward 4
May 13, 2025DC Green Bank and PACE Equity today announced $3.1 million in financing for a new, energy-efficient affordable housing development in Ward 4. The development will deliver eight new affordable homes in a building that meets Enterprise Green Communities Certification Plus, one of the highest standards for energy-efficient buildings. This investment…
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DC PACE Program and PACE Equity Announce $1.1 Million in Financing to Improve Sustainability of Multi-Family Housing in Ward 6
March 26, 2025The DC PACE Program and PACE Equity announced the closing of $1.1 million in financing to improve the sustainability and energy efficiency of a 20-unit building in Ward 6. This PACE financing will support the installation of solar panels, improved insulation, LED lighting, and water-efficient fixtures. These measures will result in estimated…
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DC Green Bank and Jubilee Housing Break Ground on Energy Efficient Affordable Housing Development in Ward 1
March 11, 2025Today, Jubilee Housing and DC Green Bank broke ground on a new energy-efficient affordable housing development that will deliver new homes and workforce training to Ward 1. The new building, King Emmanuel Baptist Church (KEB), will have 18 single-room occupancy (SRO) units for returning citizens, feature an all-electric community kitchen…
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DC Green Bank Finances $3.1 Million in Energy-Efficiency Upgrades for New Affordable Housing Development in Ward 5
January 29, 2025DC Green Bank and Lincoln-Westmoreland Housing announced $3.1 million in financing to deliver an all-electric new building that will create 100 permanently affordable homes in Ward 5. DC Green Bank’s loan will support the installation of an energy-efficient HVAC system, as well as Energy Star appliances, energy-efficient lighting, windows, and…
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$2 Million DC Green Bank Loan to Finance Solar Power System and All-Electric Kitchens at Community Gathering and Retail Venue in Ward 8
January 21, 2025DC Green Bank today announced $2 million in financing for solar power, battery storage, and fully electric modular kitchens at Sycamore & Oak on the St. Elizabeths East Campus in Congress Heights in Ward 8. The Retail Village at Sycamore & Oak is a 23,000-square-foot sustainably designed, mass timber building…
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DC Green Bank Delivers $3 Million in Financing for Energy-Efficiency Upgrades at Affordable Housing Property in Ward 6
January 13, 2025DC 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…
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DC 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…
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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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