By Colleen Grablick, DCist Solar panels are coming to more than 500 homes in Ward 8 — an investment the city’s energy officials say will reduce both greenhouse gas emissions and residents’ utility bills. DC Green Bank, a city initiative that finances clean energy projects, announced the investment on Thursday,…
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Enterprise Community Partners and DC Green Bank Bring Solar Power to 530+ Affordable Homes in Washington, D.C., Lowering Resident Utility Bills by 25 Percent
January 26, 2023Today, Enterprise Community Partners (Enterprise) and DC Green Bank (DCGB) announced a $12.4 million investment to install 2.2 megawatts of solar panels at four affordable housing properties in the District. The properties are owned by Enterprise’s subsidiary Enterprise Community Development, the fifth largest nonprofit housing provider in the United States…
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The Faircliff Affordable Housing Project in Columbia Heights Neighborhood of Washington, DC Has Begun Construction
January 18, 2023Somerset Development Company, Jonathan Rose Companies, and Housing Up announced today that construction has begun on The Faircliff, a 125-unit affordable housing project in the historic Columbia Heights neighborhood of Washington, D.C. The all-electric building, which is among the most sustainable yet in the District, will be built alongside Novel…
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BBC StoryWorks – District of Columbia
October 21, 2022“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…
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DC 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…
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Green 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…
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Green 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…
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DC 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 MoreHow a New National Green Bank Could Steer $27B to Clean Energy Projects
August 24, 2022The fight against climate change will need big investments in infrastructure like solar and wind farms, transmission grids and low-carbon industry. But it also needs many more small-scale investments for hundreds of millions of homes and businesses — and that kind of work is best done locally. So say green-bank…
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