(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…
Read MorePress
Press
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,…
Read MoreDC 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…
Read MoreDC 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…
Read MoreUrban Atlantic Secures $69M Financing For Affordable Senior Project In Upper Northwest
September 21, 2023By 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…
Read MoreUrban Atlantic Secures $69M for Affordable Senior Housing in Friendship Heights
September 21, 2023By 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…
Read MoreUrban Atlantic secures $69M for Friendship Heights affordable senior development
September 21, 2023By 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…
Read MoreDC Green Bank, Capital Impact Partners, and Amazon Deliver $3.3 Million to Bolster Affordable Housing in the District
July 20, 2023(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…
Read MoreDC Green Bank and Uprise Solar Close on $385,000 Permanent Loan to Support Portfolio of Projects in Washington, DC
July 13, 2023(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…
Read MoreDC Green Bank Announces Trisha Miller as New Chief Executive Officer
June 22, 2023(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…
Read MoreDC PACE Program and Stonehill PACE Announce Closing on Nearly $3.5 Million Financing for Multi-Family Redevelopment Project
June 6, 2023(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…
Read More