- Supports well-designed energy projects that save on utility bills and enhance attractiveness to tenants
- Property owners select and manage their own service professional(s) DC Green Bank Pre-Development Loan
- Owners cover 25% of project costs and DC Green Bank finances 75%; one balloon payment at project financing
- Get a head start on DC’s Building Efficiency Performance Standards
Product
Pre-Development Loans
Pre-Development Loans for a Sustainable District
DC Green Bank’s Pre-Development Energy Loan is a simple line of credit that funds customized design of energy improvements for new and existing commercial, nonprofit-owned, and multifamily properties. Pre-development loans allow you to get a jump-start on construction design for energy-efficient upgrades.
Program Benefits
Pre-Development Loan Quick Facts
Loan Amounts
- Up to $250,000
- Higher amounts may be considered based on the project size and complexity.
Qualified uses for energy improvement projects
- Energy audits and benchmarking
- Green charrettes
- Design
- Engineering
- Bidding work
- Other reasonable energy-related pre-development costs
Target Properties
- Residential or mixed-use properties with five (5) or more residential units
- Community-based nonprofit organization buildings
- Commercial buildings
Repayment terms
- 24 months, with repayment due at the end of the period or upon project funding
- No penalty for early repayment
Getting funding through our Pre-development loan process is easy!
Reach out to our Investment Team at investments@dcgreenbank.com to get on the road to affordable pre-development financing.