By Tristan Navera, Washington Business Journal Mi Casa Inc. has landed some of the money it needs to start work on a long-planned affordable housing project slated for 14 Florida Ave. NW in Truxton Circle. D.C. Green Bank closed on a $255,728 pre-development loan for the new Barnett-Adan Apartments development…
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Making the Grade: A Guide to DC’s Building Energy Performance Standards
March 3, 2022Did you know? Buildings account for more than 70% of DC’s greenhouse gas emissions. The District’s Building Energy Performance Standards (BEPS) are part of the city’s efforts to cut energy consumption and greenhouse gas emissions by 50% by 2032, and make DC carbon neutral by 2050. Developers, owners, and property…
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DC Green Bank Announces First Navigator Pre-Development Financing Deal in Support of Planned Affordable Housing Construction Project
February 28, 2022DC Green Bank today announced the closing of its first Navigator pre-development loan, with local nonprofit affordable housing developer Mi Casa, Inc. The $255,728, 1.99% interest rate Navigator loan will support the financing of pre-development costs for a mixed-use and mixed-income construction project in Ward 5. The completed building is…
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Growing the Momentum for Green Banks in 2022
February 17, 2022Please join the Coalition for Green Capital for a virtual meeting on Friday, February 25th at 11am EST to hear from federal, state, and industry leaders about surging green bank investments and the latest green bank developments from across the country. We will be joined by Senator Chris Van Hollen…
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W8CED Town Hall – Sustainable Environment and Energy
February 9, 2022Our Equal Access Advocate, Shyrah Kum, will join the Ward 8 Community Economic Development (W8CED) for a conversation about building toward a sustainable environment and a clean energy future.
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February 16, 2022: Regular Meeting of the DC Green Bank Board of Directors
February 8, 2022DC 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)). Pre-registration is required. Meeting Agenda
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DC Green Bank and Together Solar Announce a Nearly $2 Million Deal to Support and Expand Solar Access for Faith-Based and Non-Profit Institutions in DC
February 2, 2022DC Green Bank and Together Solar today announced the closing of a nearly $2 million comprehensive debt facility to bolster the company’s existing solar portfolio and support an expansion of solar deployment across the District. The loan facility will provide permanent financing for one of the region’s largest portfolios of…
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February 7 – Special Meeting of the Board of Directors
February 1, 2022DC Green Finance Authority (“DC Green Bank”) will conduct a special meeting of the Board of Directors, pursuant to the Open Meetings Act, (DC Official Code §2-574(1)). Pre-registration is required.
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DC Green Bank and City First Enterprises Announce $2.8 Million Clean Energy and Efficiency Partnership for Small Businesses and Property Owners
January 20, 2022DC Green Bank and City First Enterprises today announced the closing of a $2.8 million investment partnership for small businesses in the District and to bolster the bank’s Commercial Loan for Energy Efficiency and Renewables (CLEER) Financing program. Small businesses can now apply for up to $150,000 in loans with…
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D.C. Green Bank Lining Up Local Dollars, Local Firms to Reap the Solar Boom
January 18, 2022By Oscar Perry Abello, Next City But the D.C. Green Bank is determined as part of its mission to bring private lenders into the space. The first permanent loan for Flywheel came from Amalgamated Bank — a union-controlled bank that has some expertise in solar power lending after a 2018…
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DC Green Bank, Virginia Community Capital, and Flywheel Development Announce $1.8 Million Permanent Loan for Community Solar
January 10, 2022DC Green Bank, Virginia Community Capital, and Flywheel Development today announced the closing of a $1.8 million permanent loan facility for a newly completed community solar project in Ward 7 of Washington, D.C. Given DC Green Bank’s status as an independent instrumentality of the District government and VCC’s status as…
Read MoreGreen Banks Gain Ground in Liberal Communities Struggling to Turn Climate Pledges into Action
December 28, 2021By Rebecca Tan, Washington Post The American Green Bank Consortium has seen its membership double from 11 to 22 in the past three years. Most members are backed by state governments, which have bigger wallets to spend on seed funding. Montgomery County was among the first local jurisdictions in the…
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