The DC Sustainable Energy Utility (DCSEU) has been afforded a great opportunity to further expand its work in the Low Income space, via the NEW Low Income Prescriptive Program. This is a prescriptive program that will provide enhanced rebates for qualifying Energy Star or DLC listed Light Bulbs, Fixtures and Sensors installed in a multifamily properties, shelters, or clinics that serves income-qualified District residents.

Ready to apply?
Please submit the attached application along with supporting documentation for approval to IncomeQualified@dcseu.com

Income  Eligibility:
1) Project site must be located in Washington, DC
2) “Low-Income Housing” is defined as the District’s stock of affordable, low-income housing. It is defined as either:

a.  Households that have annual incomes equal to or below 80% of the Area Median Income (“AMI”) or 60% of the State Median Income (“SMI”)
b.  A multifamily building where at least 66% of the households meet the definition of “low-income households” listed above
c.  Buildings owned by non-profit organizations or government that meet the definition of “low-income households” listed above in (a) , or
d.  Buildings where there are contracts or other legal instruments in place that assure that at least 66% of the housing units in the building will be occupied by low-income households.

If you are interested in submitting a project or projects for consideration or if you would like to know more. Feel free reach out to the DCSEU team by emailing  IncomeQualified@dcseu.com.

Please also forward this email to others in your network who may be interested in taking advantage of this opportunity.

The District of Columbia Green Finance Authority Establishment Act of 2017 (GFA bill) was unanimously approved by the Council of the District of Columbia (Council) in June 2018 and completed Congressional review on August 22, 2018. The Act will establish the District of Columbia Green Finance Authority (GFA or DC Green Bank) as an innovative quasi-public instrumentality of the District government that will facilitate private investment in clean energy technology and green infrastructure by leveraging private capital, removing upfront costs, and increasing the efficiency of public investment in sustainability.

The District Department of Energy and Environment, Office of the Director is pleased to announce the publication of a Request for Applications seeking one or more grantees to identify, formulate, and develop the critical deliverables necessary to lay the groundwork for the DC Green Bank, building on work completed over the last year. Successful applicants will provide innovative and thoughtful solutions to the following challenges:

What steps, tools, and information are needed to prepare for the successful launch of the Green Bank and how can the grantee assist DOEE and the DC Green Bank in conducting those activities?

The deadline for applications is November 5th, at 4:30pm. The Request for Applications and support documents can be found on the DOEE website, https://doee.dc.gov/node/1360726. Additional information and questions may be emailed to 2018GFAdevelopment.grants@dc.gov.

Through the support of Virginia companies, foundations, and individuals, VCC wants to create affordable and workforce housing for more Virginians than ever before. Its goal is to raise $10 million toward the creation of affordable housing in Virginia’s most vulnerable communities. VCC will reach its goal through your FDIC-insured bank deposit (up to $250,000) – which will grow at a market rate and provide VCC Bank with the capital required to create more affordable and workforce housing throughout Virginia.

As a depositor, you will:
-Receive yearly updates on affordable housing projects under development
-Be informed when an affordable housing development is funded
-Be invited to ribbon cuttings and events

Check out this flyer for more details.

Plus: VCC is sharing a SPECIAL OFFER!
In an effort to support increased lending to revitalize communities, VCC is offering a special Affordable Housing 18 month CD at a great rate of 2%/2.02% APY. Please consider impact investing, to help make housing affordable for all. This offer expires December 31, 2018.

If you are interested or have questions, contact Tim Grimes at tgrimes@vccva.org.