By 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…
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DC 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…
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DC 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…
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DC 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…
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DC 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…
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DC Green Bank Announces $1.4 Million Loan For Portfolio of Rooftop Solar and Battery Storage Projects
May 17, 2023(Washington, D.C.) – DC Green Bank and SEDC Solar today announced the closing of a $1.4 million construction revolving loan facility to finance a portfolio of solar plus battery storage projects for homes, rental units, and community-serving institutions in Wards 4, 5, 7, and 8 of Washington, D.C. Within the…
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DC PACE Program and United Bank Announce $125,000 Financing for Clean Energy and Energy Efficiency Improvements for Ward 7 Commercial Building
April 10, 2023(Washington, D.C.) – The DC PACE Program and United Bank are proud to announce the successful closing of $125,000 in financing to support clean energy and energy efficiency improvements for a commercial building in Ward 7. Administered through the DC PACE program, the financing will deliver green roofing upgrades and…
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Coalition for Green Capital Announces Additional Partners Supporting the Launch of Nationwide Green Bank
April 6, 2023DC Green Bank, Connecticut Green Bank, and the Inter-Tribal Trade Consortium Join as Partners Partners In Hawaii, Louisiana, Rhode Island, Ohio, Maryland, Florida, Texas, Michigan, Colorado, Missouri, and Puerto Rico Have Already Been Announced Washington, DC— The Coalition for Green Capital (CGC) today announced the formation of additional new strategic…
Read MoreDC Green Bank Announces $2.6 Million Loan to Develop Sustainable Clean Energy Hub in Ward 5
April 4, 2023(Washington, D.C.) – DC Green Bank and Flywheel Development are proud to announce the closing of a $2.6 million pre-development and site acquisition loan to support the development of a sustainable commercial hub in the Trinidad neighborhood of Ward 5. The site will serve as the headquarters for Flywheel Development…
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DC PACE Program and Stonehill PACE Announce Closing on Nearly $5 Million Financing for Residential Condominium Property
March 16, 2023Washington, D.C. – The DC PACE Program and Stonehill PACE program are proud to announce the successful closing of nearly $5 million in financing to deliver energy efficiency and renewable energy upgrades for a 13-story residential condominium building in Ward 6. The financing administered through the DC PACE program is…
Read MoreDC PACE Program and Forbright Bank Announce Financing for New Solar Energy Projects Totaling Nearly $2 Million
March 9, 2023Washington, D.C. – The DC PACE Program and Forbright Bank are proud to announce the successful financing of three new solar projects to deliver energy efficiency and renewable energy upgrades for properties in Wards 2 and 3. The combined projects will generate energy savings of approximately 400,000 kWh per year,…
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Nonprofit Increases Solar Accessibility in Washington D.C.
January 30, 2023By Jessica Hunt, Environmental Leader Nonprofit, Enterprise Community Partners (Enterprise), and DC Green Bank (DCGB) announced a $12.4 million investment to install 2.2 MW of solar panels at four affordable housing properties in the District, which will generate enough electricity to power 500 homes annually. Rooftop solar will be installed at Enterprise’s Arbor…
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