LEDC and DC Green Bank are committed to driving positive change in Washington D.C. by providing affordable and accessible loans for solar installations and energy efficiency retrofits. We support the growth of small businesses and community-serving organizations in Wards 5, 7, and 8.
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Loan Options: Community borrowers can apply for loans ranging from $25,000 to $250,000, with repayment periods extending up to 10 years. Larger loans are possible on a case-by-case basis, ensuring flexibility to meet your unique requirements.
Who Can Apply: We encourage applications from a range of community-serving organizations, including brick-and-mortar small businesses, non-profit organizations, childcare centers, faith-based institutions, community centers, homeless shelters, and food pantries located in Wards 5, 7, and 8.
Energy Efficiency Loan Program: DC-based businesses, it's time to upgrade your equipment and boost savings with our low-interest financing. LEDC and DC Green Bank have teamed up to offer affordable loans to businesses and community-serving organizations.
Loan Uses: Our loans can be utilized for various purposes, including roof repairs, solar panels, HVAC replacements, building insulation upgrades, window remediation, lighting upgrades, and energy efficiency and development projects.
Loan Details:
- Loan Size: $25,000 to $250,000
- Interest Rate: As low as 4.5%
Who Qualifies: Small businesses (DC-based), non-profit organizations, childcare centers, faith-based institutions, and other community-serving institutions are eligible to apply.