(Washington, D.C.) – The District’s Department of Energy and Environment (DOEE) was awarded $4.6 million by the U.S. Department of Energy to establish an innovative loan fund led by DC Green Bank to boost energy efficiency improvements in affordable housing. Led by DC Green Bank, the loan fund will help…
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BisNow: NoMa’s ‘Flatiron’ Apartment Project Lands Construction Financing
July 2, 2024A new article from BisNow reports on DC Green Bank’s financing to The NRP Group for a new sustainable affordable housing property at 301 Florida Ave NE. DC Green Bank’s funding will support the installation of a high-efficiency heating and cooling system, which will help the building meet Enterprise Green…
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DC Green Bank Announces $3 Million in Financing for Energy-Efficient Geothermal System for Affordable Housing at Barry Farm
June 26, 2024DC Green Bank is proud to announce the closing of $3 million in financing to improve the energy efficiency of a new building in the Barry Farm redevelopment in Ward 8. The new building, The Edmonson, will be all-electric and seek Passive House certification, one of the highest standards for…
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Events
June 26, 2024: Regular Meeting Of The DC Green Bank Board Of Directors
June 11, 2024DC Green Finance Authority (“DC Green Bank”) will conduct a Regular Meeting of the Board of Directors, pursuant to the Open Meetings Act, (DC Official Code §2-574(1)). Following the Open Session, the Board will meet in a Closed Session to review, consider and discuss proprietary, competitively sensitive and/or confidential business…
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Press
Multi-Housing News: Can Green Banks Fast-Track the Switch to Clean Energy?
May 17, 2024A new article in Multi-Housing News by Patricia Kirk features DC Green Bank in an overview of how green banks, boosted by new funding from the Inflation Reduction Act, can accelerate the transition to green energy and crowd in public investment in their communities. From the article: “Last year, for…
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DC PACE Program and Peachtree Group Announce $3.5 Million in Financing for Clean Energy and Energy Efficiency Upgrades for Multi-Family Housing in Ward 5
May 16, 2024(Washington, D.C.) – The DC PACE Program and Peachtree Group are proud to announce the closing of $3.5 million in financing to improve the sustainability and energy efficiency of a new five-story mixed-use building in Ward 5. This project will include solar panels, insulation, LED lighting, and energy-efficient water fixtures…
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*CLOSED* – DCGB Invites Information Technology (IT) Vendors to Propose Services (RFP)
May 13, 2024*This RFP is now closed* Green Finance Authority, more commonly referred to as “DC Green Bank” or “DCGB,” invites information technology (IT) vendors to propose hardware, software, cybersecurity, help desk, and related policy and program development services to support DCGB’s mission and team. This Request for Proposals (RFP) solicits a resource…
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Press
DC Green Bank Statements on the District of Columbia’s Selection for EPA Solar for All Grant Funds
April 22, 2024The Department of Energy and Environment (DOEE) and DC Green Bank led a District-wide application for funds under the Environmental Protection Agency’s (EPA) Solar for All Program and we are pleased to announce that DC will be receiving $62.45 million to deploy solar and battery storage projects in low-income and…
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April 24, 2024: Regular Meeting Of The DC Green Bank Board Of Directors
April 12, 2024DC Green Finance Authority (“DC Green Bank”) will conduct a Regular Meeting of the Board of Directors, pursuant to the Open Meetings Act, (DC Official Code §2-574(1)). Following the Open Session, the Board will meet in a Closed Session to review, consider and discuss proprietary, competitively sensitive and/or confidential business…
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Press
NBC4: In the Community – DC Green Bank and A-Peace
April 12, 2024DC Green Bank and partners delivered $3.3 million in financial support for the new construction of an affordable housing development in Ward 8 and energy efficiency and renewable energy upgrades for a building in Ward 7. In addition to a $3 million construction loan from DC Green Bank, a $300,000…
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Press
DCGB Statements on EPA’s Historic Greenhouse Gas Reduction Fund Announcement
April 4, 2024Today, the US Environmental Protection Agency (EPA) is announcing its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund. These dollars will transform communities across the country, and our team is ready to leverage these resources and put them to…
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Case Study: DC Stormwater Retention Credit Trading Program
March 6, 2024The Nicholas Institute for Energy, Environment, and Sustainability at Duke University recently delivered a series of case studies to illustrate past or ongoing projects that have used a variety of financial mechanisms to finance a nature-based solution. Each case study describes the context, the nature-based solution applied, the financial mechanism…
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