“Grandma Dynamite” has been contributing to her Washington community for decades. A community project is giving back to her and her neighbors, ensuring their homes are comfortable and energy efficient. Learn more about this community and the Affordable Housing Retrofit Accelerator program that is helping affordable housing buildings reach the…
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D.C. Green Bank CEO Exits as the Organization Prepares to Scale Up
October 17, 2022By Tristan Navera, Washington Business Journal D.C. Green Bank’s inaugural chief is exiting as the financial organization prepares to emerge from its “startup” phase and take advantage of federal resources now available to support sustainable construction. Eli Hopson, founding CEO of the 2.5-year-old program, is leaving to become chief…
Read MoreDC Green Bank Announces Leadership Change
October 12, 2022(Washington, D.C.) DC Green Bank announced today the departure of the bank’s inaugural Chief Executive Officer, Eli Hopson, and an orderly transition to interim-CEO Jean Nelson-Houpert, the bank’s current Chief Financial Officer. Mr. Hopson leaves DC Green Bank after 2.5 years of committed service, growing the institution’s investment portfolio from…
Read MoreGreen Banks: Part of Climate Solution & More Resilient Communities
September 22, 2022NEW YORK — NRDC Release – The new Inflation Reduction Act is poised to make major investments across the country and in disadvantaged communities to more equitably spur development of green technologies that reduce or avoid climate pollution, according to participants at a Climate Week green bank event today in…
Read MoreGreen Banking Groups Want New Federal Money to Create National Bank
September 6, 2022By Alison Bennett, S&P Global Some industry leaders are advocating for billions of dollars in new federal funding for green banks to go toward a national nonprofit institution that could jump-start the clean energy market and help state and local banks. A green bank is a public, quasi-public or nonprofit…
Read MoreDC Green Bank and Rainplan Partner on Stormwater Projects in District
September 6, 2022By Keith Loria, Commercial Observer A joint venture between DC Green Bank and Rainplan has closed on an initial $2 million of financing to increase access and affordability for projects across Washington, D.C., designed to manage heavy rainfall, prevent flooding and filter storm runoff. The loan will deliver financial support…
Read MoreDC Green Bank and Rainplan Announce a $2,000,000 Deal to Support Commercial and Residential Stormwater Management Projects
August 31, 2022DC Green Bank and Rainplan announced today the closing of an initial $2,000,000 deal to increase access and affordability for stormwater management infrastructure across the District. The loan agreement is groundbreaking in its commitment to deliver financing for both commercial and residential projects as well as its approach to diverse…
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Climate Law Ushers in New National Green Bank
August 26, 2022NRDC – Carolina Herrera, Sarah Dougherty, and Douglass Sims The passage of the Inflation Reduction Act (IRA) is a long-overdue step toward establishing a national green bank that will unleash tens of billions of public and private dollars for investment in clean energy and climate-resilient infrastructure in underserved communities. In…
Read MoreDC Green Bank, the DCSEU, and Flywheel Development Commemorate the Completion of New Community Solar Project
December 2, 2021DC Green Bank, the DC Sustainable Energy Utility (DCSEU), and Flywheel Development , alongside the Deputy Mayor for Operations and Infrastructure Lucinda Babers, and Chair of the Committee on Transportation and the Environment Mary Cheh, and residents commemorated the completion of a new community solar installation in Ward 7. Hosted…
Read MoreDC Affordability, Sustainability Project Secures $2M Pre-Development Loan
December 2, 2021By Lisa McDuffie, Washington DC CRE News DC Green Bank, Jonathan Rose Companies and Somerset Development Company have closed a $1.85 million pre-development loan to finance the design and planning of Faircliff Plaza East, an affordable housing redevelopment in Ward 1 of Washington, D.C. The project is expected to increase…
Read MoreDC Green Bank and Partners Announce $1.85 Million Pre-Development Loan for Groundbreaking Affordable Housing and Sustainability Project
November 30, 2021DC Green Bank, Jonathan Rose Companies, and Somerset Development Company today announced the closing of a $1.85 million pre-development loan to finance the design and planning of Faircliff Plaza East, an affordable housing redevelopment in Ward 1 of Washington, D.C. The loan will support engineering, architecture, planning, design, and sustainability…
Read MoreDC Green Bank is the Newest Member of the Green Bank Network
November 3, 2021Two new financial institutions from Brazil and Washington, D.C., today joined a growing green financing movement that uses relatively small pools of public funds to attract substantially larger private funds to invest in renewable energy, energy efficiency and other low-carbon technologies and projects aiding the shift from fossil fuels to a climate-friendly future. The two new members—Minas…
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