Press

DC Green Bank and Flywheel Development Announce $3.2 Million Community Solar Installation

May 17, 2021

DC Green Bank and Flywheel Development today announced the closing of a $3.2 million partnership to finance the installation of solar panels at six condominium communities in Southeast Washington. D.C. Once completed, these installations will cut electricity bills in half for nearly 230 low- to moderate-income (LMI) residents in the District as part of the District’s Solar for All program. The portfolio of projects is expected to generate as much as $2.3 million in electricity savings for DC LMI residents over the next 15 years. In addition…

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DC Green Bank’s Top Five Energy Jobs of the Future

May 13, 2021

DC Green Bank CEO Eli Hopson recently wrote a blog post as part of DCGB’s participation in the Reduce Energy Use DC (REUDC) campaign. Eli wrote about the mission of DCGB, how we support workforce development in the District, and the future of green jobs! Read it by clicking below….

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Green Banks in the United States: 2021 U.S. Green Bank Industry Report

May 11, 2021

The American Green Bank Consortium and the Coalition for Green Capital have just published a report outlining the state of green banks in the United States. In total, the report finds that American Green Banks have caused $7.0 billion in clean energy investment since 2011, with $1.69 billion of this…

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Preserving and Expanding the Supply of Affordable Rental Housing

May 4, 2021

DC Green Bank Board Member Priya Jayachandran, along with partners at the Urban Institute, recently published an article about Preserving and Expanding the Supply of Affordable Rental Housing. The authors wrote about: Making sure that families remain housed during the pandemic and related economic downtown is critical. But longer-term effects…

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Polsinelli Inside Law Podcast, Featuring General Counsel Sandy Paik

April 21, 2021

On April 21, DC Green Bank General Counsel Sandy Paik joined the In-House Influence podcast to talk about her role with DCGB and how she came to be who she is today. In-House Influence “features interviews on the ‘how’ behind each guest’s path toward leadership – with a focus on…

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The NonProfit Times – Loan Fund Launched for Nonprofits’ Green Building Upgrades

March 16, 2021

DC 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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Next City – What Is a Green Bank?

March 3, 2021

Next 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, 2021

DC 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, 2021

To 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…

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