News

DC Green Bank and Peachtree Group announced the closing of $8.56 million in PACE financing for energy efficiency upgrades for a 106-room boutique hotel in the Union Market District in Ward 5. The loan finances the installation of a highly efficient HVAC system, improved insulation and air sealing, LED lighting,…

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DC Green Bank and PACE Equity announced the closing of $2.97 million in PACE financing for a new, energy-efficient 7-unit multifamily community in Ward 1. The Heritage Living development will provide homes with family-sized kitchens and living spaces adjacent to the Howard University campus and the historic U Street neighborhood. The loan…

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The DC PACE program and Nuveen Green Capital announced the closing of $465 million in financing for an office-to-residential conversion, the largest PACE deal to date. The PACE loan will support Post Brothers’ redevelopment of an underutilized office building into a residential building that will deliver 532 new units, including 61 affordable…

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In FY25, DC Green Bank had its second-biggest year of lending, investing more than $25 million into 11 projects. This funding supported the construction of affordable homes, expanded access to low-cost energy, grew local businesses, and created local jobs. Read our annual report below to learn how we are delivering…

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DC Green Bank today announced $726,500 in financing to Monumental Builders, LLC, for energy efficiency upgrades to a 13-unit building in Ward 2. This $2 million project will be the first major renovation of the building since its construction in 1950, fully electrifying the building and cutting energy use. The…

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DC Green Bank today announced Brandi Colander as its next Chief Executive Officer. The DC Green Bank Board of Directors chose Ms. Colander to serve as permanent CEO based on her extensive experience at DC Green Bank, including leading the organization as Interim CEO since June and serving as Chair…

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DC Green Bank today announced $1 million in financing for FinEV to provide loans for DC small businesses to purchase electric vehicles. The financing will be used to help approximately one dozen businesses – such as transportation providers, florists, dry cleaners, plumbers, HVAC technicians, and solar developers – make the…

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DC Green Bank and PACE Equity joined Valor Development to celebrate the opening of Sixty DC, a new energy-efficient hotel in Dupont Circle. Financed through DC Green Bank’s leadership of the DC PACE program, this new development converted an empty office building into a boutique hotel featuring a restaurant and…

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DC Green Bank and the DC Sustainable Energy Utility (DCSEU) joined the Howard Theatre Development Group today to celebrate new solar energy and HVAC systems that will save the historic theater nearly $2 million over their lifetimes. These upgrades were financed by a $775,000 loan from DC Green Bank and…

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DC Green Bank today announced $1.275 million in financing for Uprise Solar for the installation of solar energy systems at 74 homes and three churches across DC. The building owners will receive the energy from the solar arrays at no cost. More than two-thirds of the households that will benefit…

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City First Enterprises (CFE), DC Green Bank, and Evergreen Energy Investments today announced $5.25 million in financing that will deliver clean, affordable solar energy to approximately 335 District households. Three-quarters of the households will be in low- to moderate-income communities, and approximately 200 homes will receive the solar energy generated at…

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DC Green Bank, The Community Preservation Corporation (CPC), American Housing, Amazon, and J.P. Morgan today announced the closing of $26.7 million in construction financing for energy-efficient upgrades to an affordable housing complex developed in Ward 3. The loan will fund renovations to fully electrify 52 affordable homes and add solar…

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