DC 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…
Read MoreToday, 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…
Read More(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 MoreDC 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 More(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 More(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 More(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 MoreBy 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 MoreBy 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 MoreBy 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 More(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 More(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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