By Keith Lora, Commercial Observer
Enterprise Community Partners has teamed with DC Green Bank on a $12.4 million investment to install solar panels at four affordable housing properties in Washington, D.C.
Rooftop solar panels will be installed at the Arbor View and Randle Hill apartment communities in Ward 8, while solar carports and new electric vehicle charging stations will be installed at The Overlook at Oxon Run in Ward 8 and Edgewood Commons in Ward 5. The solar projects will generate an estimated 2.2 megawatts of electricity for 536 homes in total.
DC Green Bank supported the project with $3.75 million in affordable construction financing.
“We know that in order to meet our collective climate, energy, affordability and equity goals, that homes across the city must choose solar as well,” Jean Nelson-Houpert, interim-CEO and chief financial officer at DC Green Bank, told CO. “This investment demonstrates that we can make large-scale investment in solar energy that delivers reductions in greenhouse gas emissions and reductions in the cost of living at a time of rising bills for families, all while increasing our resilience to energy disruptions and climate change, and delivering good, clean jobs right here in D.C.”