By Tristan Navera, Washington Business Journal New York developer Jonathan Rose Cos. and D.C.’s Somerset Development Co. are planning a full redevelopment of Faircliff Plaza East that would replace the existing 80-unit building at 14th and Fairmont streets NW with a 125-unit building with more modern amenities and a sustainable…
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The NonProfit Times – Loan Fund Launched for Nonprofits’ Green Building Upgrades
March 16, 2021DC Green Bank, a Washington, D.C.-based program that promotes sustainable infrastructure, has launched a loan program that supports energy-saving work within the District. The new program, Navigator, provides pre-development loans for community-based nonprofit organization buildings, commercial buildings, and multifamily or mixed-use properties with five or more residential units. The loans…
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Press
Next City – What Is a Green Bank?
March 3, 2021Next City’s Senior Economics Correspondent, Oscar Perry Abello, wrote recently about green banks: “Green banks are part of a long tradition of using public or collective dollars to sway private investment into serving markets that it hasn’t served, or providing products it hasn’t provided before. Neither they nor the private…
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Currents Podcast – Meet DC Green Bank
February 26, 2021DC Green Bank CEO Eli Hopson and Chief Investment Officer Jay Lurie joined the Currents Podcast team to give an overview of the bank, why we were established, and the goals we have set for ourselves. We discuss DCGB’s available capital, priority sectors, how our financing is structured, the near-term…
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Green Bank Expert Joins Biden Climate Team
February 17, 2021To help make President Biden’s climate goals a reality, some clean energy advocates have called for the creation of a green bank to support and accelerate clean energy investments. While the concept hasn’t taken center stage in the Biden administration so far, one new member of the Biden administration’s climate…
Read MoreDC Green Bank Brings Loan Program for Commercial Energy Efficiency Projects to Washington DC
October 19, 2020FOR IMMEDIATE RELEASE October 19, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 DC Green Bank Brings Loan Program for Commercial Energy Efficiency Projects to Washington DC DC multi-family and commercial building owners and tenants can now take advantage of flexible financing options for their energy efficiency improvements through the Commercial Loan…
Read MoreDC Green Finance Authority Notice Regular Meeting Of The Board
October 13, 2020DC Green Finance Authority (“DC Green Bank”) will conduct a regular meeting of the Board of Directors, pursuant to the Open Meetings Act, (DC Official Code §2-574(1)). The date, time and location of the Regular Meeting of the Board of Directors of DC Green Bank shall be as follows: Date:…
Read MoreDC Green Bank Remembers Ruth Bader Ginsburg
September 21, 2020Courageous. Just. Supreme. Notorious. As we grieve the loss of a legal giant and champion of our nation’s basic constitutional values of equal justice under law, we take this moment to reflect on the life and legacy of our fellow bar member Justice Ruth Bader Ginsburg and her inspirational, hope-filled, humanity-focused…
Read MoreConstruction Begins on Walter Reed Solar Project Financed by the DC Green bank
September 2, 2020FOR IMMEDIATE RELEASE September 2, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 Construction Begins on Walter Reed Solar Project Financed by the DC Green Bank D.C.-based company Flywheel Development has begun construction of a solar installation on the Walter Reed campus, after receiving a $760,000 loan from the DC Green Bank….
Read MoreDC Green Bank will hold a virtual public Board Meeting on Thursday, July 23
July 10, 2020DC Green Bank will hold a virtual public Board Meeting on Thursday, July 23. The meeting will take place from 2:00 pm ET to 3:00 pm ET. During the meeting, the Board will discuss committee and program updates. There will be time during the meeting for public comments. The meeting…
Read MoreDC Green Bank Closes $1 M Portfolio of Loans to Local Firm Flywheel
June 16, 2020FOR IMMEDIATE RELEASE June 16, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 DC Green Bank Closes $1 M Portfolio of Loans to Local Firm Flywheel Development to Fund Innovative Solar Project Saving DC Residents Millions The DC Green Bank, the independent District authority created to accelerate deployment of affordable private and…
Read MoreGuidelines and procedures for projects and programs under $500,000
June 12, 2020DC GREENBANK PROGRAM GUIDELINES AND PROCEDURES The DC Greenbank Program Guidelines are meant to serve as the guiding principles for all financial products offered or supported by the DC Green Bank (herein the “Green Bank”). These Guidelines and Procedures are informed by extensive stakeholder discussions held over the course of…
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