News

(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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(Washington, DC) – DC Green Bank and Local Initiatives Support Corporation (LISC) are pleased to announce the closing of $7.5 million in construction financing for the development of Cycle House, a mixed-use net-zero energy affordable housing property in Northwest Washington, DC. This groundbreaking project will breathe new life into a…

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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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By Keith Loria, Commercial Observer, Urban Atlantic Development has closed on $69 million of financing to build a new affordable senior housing development in Washington, D.C. ‘s Ward 3, which will be the first independent senior living development in the Friendship Heights area. The financing will go toward building 93 affordable…

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By Tristan Navera, Washington Business Journal, The team behind the long-planned expansion of the Lisner-Louise-Dickson-Hurt Home in Friendship Heights has landed the financing to begin construction and deliver nearly 100 units of affordable senior housing to Ward 3. Bethesda’s Urban Atlantic, which will lead the construction, and the LLDH have…

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(Washington, DC) – DC Green Bank and partners today announced the closing of $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…

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(Washington, D.C.) – DC Green Bank and Uprise Solar today announced the closing of a $385,000 permanent loan to support the long-term viability of 187 kW’s of residential solar projects across DC. The loan supports the financing of a portion of an existing portfolio of solar projects and will consolidate…

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(Washington, D.C.) – DC Green Bank is proud to announce Trisha Miller as its next Chief Executive Officer. Ms. Miller comes to the bank after her recent service in the Biden – Harris Administration as a Senior Director in the White House Domestic Policy Office working on decarbonization policy and…

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(Washington, D.C.) – The DC PACE Program and Stonehill PACE program are proud to announce the successful closing of nearly $3.5 million in financing to deliver energy efficiency and renewable energy upgrades for a new construction multi-family development at 1966 9 ½ Street NW, in the U Street/Shaw neighborhood. The…

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(Washington, D.C.) – DC Green Bank and SEDC Solar today announced the closing of a $1.4 million construction revolving loan facility to finance a portfolio of solar plus battery storage projects for homes, rental units, and community-serving institutions in Wards 4, 5, 7, and 8 of Washington, D.C. Within the…

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(Washington, D.C.) – The DC PACE Program and United Bank are proud to announce the successful closing of $125,000 in financing to support clean energy and energy efficiency improvements for a commercial building in Ward 7. Administered through the DC PACE program, the financing will deliver green roofing upgrades and…

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The fight against climate change will need big investments in infrastructure like solar and wind farms, transmission grids and low-carbon industry. But it also needs many more small-scale investments for hundreds of millions of homes and businesses — and that kind of work is best done locally. So say green-bank…

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