By 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…
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More 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…
Read MoreGlobal Finance – Finance For A Future: Q&A With DC Green Bank’s Jay Lurie
April 12, 2021Jay Lurie, DC Green Bank’s Chief Investment Officer, recently engaged in a conversation with Global Finance Magazine about climate change, finance sector, and DC Green Bank’s role in building the Clean Economy. Here is an excerpt from the interview, and click below to read the full conversation – Global Finance…
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The NonProfit Times – Loan Fund Launched for Nonprofits’ Green Building Upgrades
March 16, 2021DC Green Bank, a Washington, D.C.-based program that promotes sustainable infrastructure, has launched a loan program that supports energy-saving work within the District. The new program, Navigator, provides pre-development loans for community-based nonprofit organization buildings, commercial buildings, and multifamily or mixed-use properties with five or more residential units. The loans…
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DC Green Bank and Inclusive Prosperity Capital Announce New Financing Product for the District
March 9, 2021DC Green Bank is excited to announce the launch of a pre-development loan in DC to support customized design of sustainable improvements for commercial buildings, community-based nonprofit organization buildings, and multifamily or mixed-use properties. The product was developed by and will be offered in partnership with Inclusive Prosperity Capital, a…
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Next City – What Is a Green Bank?
March 3, 2021Next City’s Senior Economics Correspondent, Oscar Perry Abello, wrote recently about green banks: “Green banks are part of a long tradition of using public or collective dollars to sway private investment into serving markets that it hasn’t served, or providing products it hasn’t provided before. Neither they nor the private…
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Currents Podcast – Meet DC Green Bank
February 26, 2021DC Green Bank CEO Eli Hopson and Chief Investment Officer Jay Lurie joined the Currents Podcast team to give an overview of the bank, why we were established, and the goals we have set for ourselves. We discuss DCGB’s available capital, priority sectors, how our financing is structured, the near-term…
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