DC 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…
Read MoreDC 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…
Read MoreNext 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…
Read MoreDC 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…
Read MoreTo help make President Biden’s climate goals a reality, some clean energy advocates have called for the creation of a green bank to support and accelerate clean energy investments. While the concept hasn’t taken center stage in the Biden administration so far, one new member of the Biden administration’s climate…
Read MoreDC Green Bank is on the leading edge of the sustainable financing and green banking movement. We play a critical role in the District’s ecosystem of actors that are charged with achieving the city’s climate, energy, economic development, and equity goals. As we now enter our third full fiscal year…
Read MoreFOR IMMEDIATE RELEASE December 14, 2020 CONTACT: Gary Decker External Affairs and Communications Partner gdecker@dcgreenbank.org 202-301-8306 DC Green Bank Announces DC PACE Closing on Affordable Housing Property in NW Washington DC Green Bank is excited to announce the closing of a $635,000 loan for 1363 Peabody Street NW, a 30-unit…
Read MoreFOR IMMEDIATE RELEASE October 19, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 DC Green Bank Brings Loan Program for Commercial Energy Efficiency Projects to Washington DC DC multi-family and commercial building owners and tenants can now take advantage of flexible financing options for their energy efficiency improvements through the Commercial Loan…
Read MoreFOR IMMEDIATE RELEASE September 2, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 Construction Begins on Walter Reed Solar Project Financed by the DC Green Bank D.C.-based company Flywheel Development has begun construction of a solar installation on the Walter Reed campus, after receiving a $760,000 loan from the DC Green Bank….
Read MoreFOR IMMEDIATE RELEASE June 16, 2020 CONTACT: Steven Jumper steven@ghostnoteagency.com 240.505.5299 DC Green Bank Closes $1 M Portfolio of Loans to Local Firm Flywheel Development to Fund Innovative Solar Project Saving DC Residents Millions The DC Green Bank, the independent District authority created to accelerate deployment of affordable private and…
Read MoreWe and the entire team behind the DC Green Bank are deeply saddened by the recent unrest across America, the death of an unarmed and innocent George Floyd, and the larger racial rifts this Nation is being made to face.
Read MoreAfter a nationwide selection process, the DC Green Bank Board of Directors has hired attorney and clean energy expert Eli Hopson as the organization’s first Chief Executive Officer.
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