News

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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NBC4: In the Community – DC Green Bank and A-Peace

April 12, 2024

DC 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…

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DC 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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FY23 Annual Report & Audited Financial Statements

December 28, 2023

DC 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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DC Green Bank and Copernican Energy Close on $500,000 Construction-to-Permanent Loan to Support Portfolio of Solar Projects in Wards 7 & 8

November 29, 2023

(Washington, D.C.) – DC Green Bank and Copernican Energy today are pleased to announce the closing of a $500,000 construction-to-permanent loan to support a 191 kW residential solar project portfolio. This investment will provide solar energy to approximately 23 low- to moderate- income (LMI) households, with over 90% of the…

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Urban Atlantic Secures $69M Financing For Affordable Senior Project In Upper Northwest

September 21, 2023

By Emily Wishingrad, BisNow, A senior housing community and its development partner have secured financing to move forward with a 93-unit affordable addition to the property in Northwest D.C.’s Friendship Heights neighborhood, a part of the city where such projects are rare. The team behind the addition to the Lisner-Louise-Dickson-Hurt Home, an affordable senior facility that has…

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