Just this past week, the World Meteorological Organization (WMO) released their State of the Global Climate report. The news was sobering as to be expected. The report found that in 2021, the world broke records for greenhouse gas concentrations, and our oceans are warmer and more acidic than ever. Today…
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DC Green Bank Commits $7.5M to Residential Solar Projects
May 20, 2022By Keith Loria, Commercial Observer During Infrastructure Week in Washington, D.C., this week, Mayor Muriel Bowser announced that DC Green Bank, a publicly funded bank, has committed $7.5 million to community and residential solar projects across the city. As part of its new commitments, a $7 million loan was provided…
Read MoreD.C. Funding Deal to Bring Solar Energy to 350 Lower-Income Homes
May 20, 2022By Tristan Navera, Washington Business Journal D.C. Green Bank has closed on two deals that will lead to more solar capacity to power 350 homes. The bank closed on a $7 million loan with PosiGen to add solar energy to power about 320 homes in areas of low to moderate…
Read MoreDuring Infrastructure Week, Mayor Bowser Highlights Progress in Expanding Access to Solar Projects Through DC Green Bank
May 17, 2022(Washington, DC) Today, Mayor Muriel Bowser highlighted progress in expanding access to solar energy through DC Green Bank and announced that, since its launch in 2018, DC Green Bank has now committed more than $12 million to community and residential solar projects serving low-to-moderate income (LMI) residents in the District….
Read MoreDC Green Bank and PosiGen Announce a $7,000,000 Deal to Deliver More Than 300 Residential Solar Projects Across the District
May 17, 2022DC Green Bank and PosiGen today announced the closing of a groundbreaking $7,000,000 deal to accelerate the deployment of residential solar across the District for low-to-moderate income (LMI) residents. The loan agreement will unlock funding for the construction of up to 3,000 kW of solar capacity on approximately 320 homes…
Read MoreDC Green Bank and Uprise Electric Announce a More Than $500,000 Deal to Deliver Community and Residential Solar Projects Across the District
May 17, 2022DC Green Bank and Uprise Electric Company today announced the closing of a more than $530,000 deal to accelerate the deployment of community solar across the District. The loan agreements will deliver funds for the construction of approximately 75 kW of capacity across 15 residential projects. In addition to the…
Read MoreBuilding A Clean Future Cannot Wait – DC Green Bank Statement on Investment Policy
May 10, 2022Building a clean future cannot wait. That is why DC Green Bank has been in discussions with Councilmember Mary Cheh, Chair of the Committee on Transportation and the Environment, and her staff to clarify the Green Finance Authority Establishment Act of 2018 as it relates to equitable investments in a…
Read MoreDSLBD Money Monday: Green Project Financing with City First Enterprises and DC Green Bank
April 15, 2022Connect with lenders: • City First Enterprises’ Geoffrey Shepard at geoffery@cfe.org • DC Green Bank’s Matthew Hickman at mhickman@dcgreenbank.com • Explore other community lenders if you need financing for other types of projects or pre-revenue (click VIEW FILE here)
Read MoreCommunity Impact Initiative Launch Event – Affordable Financing for Community Organizations to Upgrade Your Building and Save Money
April 13, 2022Join DC Green Bank as we launch the Community Impact Initiative (CII). CII is a pathway open to small businesses, community-based organizations, and non-profits that would benefit from affordable financing, additional technical and management assistance, and end-to-end support from one of our various partners to pursue deferred maintenance needs that…
Read MoreDC Green Bank Closes First Community Impact Initiative Pilot Investment, Committing More Than $500,000 for Efficiency Upgrades to Shiloh Baptist Church of Washington
April 11, 2022(Washington, D.C.) – DC Green Bank today announced the closing of an investment of more than $500,000 to support Shiloh Baptist Church of Washington as it pursues upgrades to its sanctuary building cooling system and considers additional building efficiency upgrades and capital improvements. This investment is part of DC Green…
Read MoreApril 20, 2022: Regular Meeting of the DC Green Bank Board of Directors
April 7, 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. Download Agenda Here
Read MoreBuild Back Better Infrastructure Task Force Announcement
March 23, 2022Mayor Bowser’s Fiscal Year 2023 #FairShot budget is making significant investments in the District’s infrastructure, including roads and bridges, bike lanes, traffic calming and safety measures, as well as improvements to roadways, alleys, and sidewalks. Additionally, the federal Bipartisan Infrastructure Law will provide billions in funding and grants to the…
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