By Tristan Navera, Washington Business Journal The project will still need bank financing to go vertical, but the pieces are coming together. Read the Full Article Here
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Deanwood Development With Grocery Gets Green Bank’s First Predevelopment Loan
September 20, 2021By Nena Perry-Brown, Urban Turf While this mixed-use Deanwood development didn’t meet its crowdfunding minimum, it just won additional funding from an unlikely source. The DC Green Bank announced a $250,000 pre-development loan this morning for developer Medici Road to realize its by-right project at 4276 Sheriff Road NE (map). The development will include 13…
Read MoreDC Green Bank and Medici Road Announce $250,000 Pre-Development Loan
September 20, 2021DC Green Bank and Medici Road today announced the closing of a $250,000 pre-development loan to finance the design and planning stages for an energy efficient and sustainable building in Ward 7 in Northeast Washington, D.C. Located on a currently vacant lot, Medici Road estimates that the building will be…
Read MoreGreen Compass Projects Aim to Better Manage DC Stormwater
September 9, 2021By Keith Loria, Commercial Observer DC Green Bank has closed on a $650,000 loan facility to finance the construction of a five-project portfolio of environmentally friendly infrastructure to better manage and clean stormwater runoff in Wards 5, 7, and 8 in Washington, D.C. The loan will enable Green Compass, a…
Read MoreDC Green Bank and Green Compass Announce $650,000 Revolving Loan Facility
September 8, 2021DC Green Bank and Green Compass today announced the closing of an innovative revolving loan facility to finance the construction of a portfolio of new green infrastructure projects to better manage and clean stormwater runoff in Wards 5, 7, and 8 in Washington, D.C. The $650,000 loan facility will allow…
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D.C. Green Bank, Flywheel Development Partner to Provide Solar Capacity for Dozens of Washingtonians
June 26, 2021By Demetrius Dillard, Special to the AFRO Two Washington, D.C.-based organizations have announced their contribution in facilitating a green economy as the city transitions to running completely on renewable energy while creating a sustainable environment for its residents. On May 17, DC Green Bank and Flywheel Development announced the closing…
Read MoreMore Solar Panels Coming to Southeast D.C. Homes
May 20, 2021By Aja Beckham, DCist In Southeast D.C., officials hope newly installed solar panels will help to lower electric bills for hundreds of residents. This week, DC Green Bank and Flywheel Development announced the closing of a $3.2 million deal to install solar panels on six Fairfax Village condos that are…
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DC Green Bank and Flywheel Development Announce $3.2 Million Community Solar Installation
May 17, 2021DC 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, 2021DC 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….
Read MoreGreen Banks in the United States: 2021 U.S. Green Bank Industry Report
May 11, 2021The 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, 2021DC 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, 2021On 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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