(Washington, D.C.) – DC Green Bank and Walker Memorial Baptist Church announced $415,000 in financing for a solar energy system and roof replacement. The loan will fund the installation of a 68kW solar power system, which is estimated to save the Ward 1 church nearly $10,000 on its utility bills…
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DC 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…
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BisNow: 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…
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Multi-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…
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DC 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…
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NBC4: 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…
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DCGB 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…
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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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Annual Report & Audited Financial Statements
December 28, 2023DC 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 PACE Program Hits Milestone with $6.1 Million Deal, Surpassing $100 Million in Total Loans Facilitated
December 13, 2023(Washington, D.C.) – The DC PACE Program and Twain Community Partners III LLC are proud to announce the successful closing of $6.1 million in financing to deliver energy efficiency and renewable energy upgrades to transform an existing, underutilized office building into a 105-key boutique hotel. The Canal House of Georgetown…
Read MoreDC 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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DC Green Bank and LISC Partner to Finance 18 Units of Sustainable Affordable Housing
November 21, 2023(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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