Washington, 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…
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…
Read MoreDC 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…
Read MoreDC Green Bank Statements on the District of Columbia’s Selection for EPA Solar for All Grant Funds
April 22, 2024The Department of Energy and Environment (DOEE) and DC Green Bank led a District-wide application for funds under the Environmental Protection Agency’s (EPA) Solar for All Program and we are pleased to announce that DC will be receiving $62.45 million to deploy solar and battery storage projects in low-income and…
Read MoreNBC4: In the Community – DC Green Bank and A-Peace
April 12, 2024DC Green Bank and partners delivered $3.3 million in financial support for the new construction of an affordable housing development in Ward 8 and energy efficiency and renewable energy upgrades for a building in Ward 7. In addition to a $3 million construction loan from DC Green Bank, a $300,000…
Read MoreDCGB Statements on EPA’s Historic Greenhouse Gas Reduction Fund Announcement
April 4, 2024Today, the US Environmental Protection Agency (EPA) is announcing its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund. These dollars will transform communities across the country, and our team is ready to leverage these resources and put them to…
Read MoreDC Green Bank and City First Enterprises Close $320,000 Loan with Copernican to Bring Solar Energy to Low-Income Households
January 18, 2024(Washington, D.C.) – DC Green Bank and City First Enterprises (CFE) today announced the closing of a $320,000 construction-to-permanent loan to Copernican Energy, financing a 125-kW portfolio of approximately nine residential solar installations in underserved communities. Upon completion, these projects will deliver greenhouse gas reductions of approximately 2,040 metrics tons…
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