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Press

DC Green Bank and Partners Announce $1.85 Million Pre-Development Loan for Groundbreaking Affordable Housing and Sustainability Project

November 30, 2021

DC 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…

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Press

DC Green Bank is the Newest Member of the Green Bank Network

November 3, 2021

Two 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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RFP

DCGB Invites Online Lending Solutions Providers to Propose Services

November 1, 2021

The District of Columbia Green Finance Authority (“DC Green Bank” or “DCGB”) invites software product development vendors to propose comprehensive, outsourced loan origination and management software solutions as the organization grows. This Request for Proposal (RFP) solicits a resource to serve as DCGB’s primary outsourced online lending solution development. All…

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Events

COP26: Global Cities Climate Action

October 27, 2021

As part of the 2021 United Nations Climate Change Conference, known as COP26, DC Green Bank will be featured in the Global Cities Climate Action Exhibition. In partnership with C40 Cities, the exhibition will include content from across the globe by showcasing outstanding efforts by cities to accelerate progress towards…

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Events

Tree Planting with Green Compass and Casey Trees

October 25, 2021

The DC Green Bank team joined Green Compass and Casey Trees to plant more than 20 trees at Perry Street Prep Public Charter School in Ward 5. These trees are meant to provide shade for the school and community as well as improve stormwater abatement and positive climate impacts. DC…

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Blog

The Importance of Green Finance for the District

October 20, 2021

The Importance of Green Finance for the District  Eli Hopson and Brandi Colander    Green banks are a new concept for many in our community and across the nation. However, states and municipalities around the country have been creating these institutions for over a decade, beginning with the state of Connecticut’s green bank in 2011. Under…

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Events

Energy Efficiency Day 2021

October 1, 2021

Did you know reducing annual electricity use by 15% nationwide would save more than six lives every day, prevent nearly 30,000 asthma episodes each year, and save Americans up to $20 billion (ACEEE & Physicians for Social Responsibility)?! Join us and the Department of Energy and Environment, Office of the…

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Press

Deanwood Development With Grocery Gets Green Bank’s First Predevelopment Loan

September 20, 2021

By 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…

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Press

DC Green Bank and Medici Road Announce $250,000 Pre-Development Loan

September 20, 2021

DC 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…

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