Author: MCGB Staff         Published: 1/21/22        MCGB

Green Bank News | January 2022Here’s The Latest News
January 26, 2022 Board of Directors Meeting 
Date: January 26, 2022Time: 1:30 pm – 4:30 pmLocation: TeleconferenceThe Montgomery County Green Bank will be holding a Board of Directors Meeting on Wednesday, January 26, 2022, 1:30-4:30 PM. The public is permitted to attend this meeting. Please RSVP to attend and receive the teleconference information. View the meeting agenda.
RSVP for the Meeting
We’re expanding our portfolio! See below forthe Green Bank’s most recent deal closings andnew partnerships.
Small Business Energy Savings Support Loan Helping The Urban Winery to Re-Open and Meet New Energy Code Requirements 
In an effort to provide financial assistance for small businesses affected by the COVID-19 pandemic and to meet energy codes for an expanded business, the Montgomery County Green Bank, in conjunction with City First Enterprises, closed a Small Business Energy Savings Support (SBESS) loan with The Urban Winery in Silver Spring, MD.  The Urban Winery will use the proceeds of the $156,000 SBESS loan to make key property improvements to meet energy efficiency code requirements and re-open to the public in early 2022.
Read the Press Release
 First Commercial Solar PPA for Meadowbrook Stables 
The Green Bank recently closed a Commercial Solar Power Purchase Agreement (CSPPA) in conjunction with Skyview Ventures for Meadowbrook Stables in Chevy Chase, MD. Meadowbrook Stables will use CSPPA financing to work with solar PV installer, Ipsun Solar, to host a 113.52 kW rooftop solar array on the roof of its new indoor riding arena. This will yield an annual savings of $6,085 and offset 105 metric tons of GHG per year.
Learn More About CSPPA
Announcing 3 New Capital Providers for C-PACE
The Green Bank is pleased to announce that Capital Bank, Forbright, and Bayview are new capital providers for the Commercial Property Assessed Clean Energy (C-PACE) financing program. As capital providers with the Green Bank, these financial institutions will offer affordable financing to help fund C-PACE projects in Montgomery County.
          Contact us if you are interested in learning more about becoming a Green Bank partner.
Learn More About Our Lenders
The Green Bank is working diligently to advocate for our green energy programs. 
The Green Bank Provided Remarks During the Public Hearing for the Commercial Property Assessed Clean Energy (C-PACE) Program
On Tuesday, January 11, the Green Bank’s Chief Investment Officer, Steve Morel, provided supporting remarks during the public hearing held by the County Council on Bill 46-21 – Environmental Sustainability – Commercial Property Assessed Clean Energy Program – Revisions.  Bill 46-21 would amend the County’s Commercial Property Assessed Clean Energy Program (C-PACE) financing program. The proposed legislation will allow climate related improvements for eligible projects, establish a 12-month retroactive financing for eligible C-PACE measures, create a five-year pilot for increased loan-to-value amounts for qualified properties, clarify new construction participation requirements, and remove the County designated lender from the County’s C-PACE program.  
Watch the Public Hearing Recording
The Green Bank is committed to working collaboratively with partner organizations to help educate potential clients on clean energy financing. 
On-Farm Accessory Solar Info Session:Does Solar Make Sense for Your Farm?
On January 24, 2022 at 7:00 pm, the Green Bank in partnership with Montgomery Countryside Alliance and the County’s Office of Agriculture will help farm businesses understand the benefits of, and how to navigate decisions on commercial solar installations for farms. If you have specific questions regarding whether new opportunities for solar generation make sense for your farm, but may not know where to start – this webinar can further assist. Please RSVP to attend and receive the zoom link. 
RSVP for the Session
 Webinar: Energy Efficiency & Renewable Energyfor Faith-Based Communities

Join us for a virtual information session on January 25, 2022 at 6:30 pm, hosted by the Montgomery County Department of Environmental Protection and the Office of Community Partnerships. Learn about ways to engage your congregation in environmental stewardship, forth-coming energy regulations for faith-based communities, as well as strategies for saving energy and going solar. The Green Bank’s Program Manager, Cindy McCabe, along with Joelle Novey, Director of Interfaith Power & Light, will discuss available financing programs and the benefits for faith-based communities.
Register for Webinar
 Partner with the Green Bank to HelpMake a Difference in Your Community

As a Capital Provider with the Green Bank, join a collaborative effort to help combat climate change by helping to provide accessible clean energy financing for all. Here are a few benefits of becoming a capital provider with the Green Bank:

  • Market Growth: make connections with new contractors and customers
  • Credit Enhancement: receive protection from the Green Bank on borrower performance of climate finance, commercial lending, and structured loans in your portfolio.
  • Reliable Contractors: the Green Bank’s CLEER program only uses contractors that are a part of the EmPOWER program.
  • Recognition: we will promote your organization in our external communications, including our website, newsletters and public events.

Contact us for more information on becoming a Capital Provider with the Green Bank.

Learn More About Becoming a Partner
Online Resources and Events
Take advantage of these resources and webinars while staying-at-home:Clean Energy Solutions Webinar ArchiveView the library of Clean Energy Solutions webinars for topics ranging from home appliance efficiency and benchmarking to breakthrough information on achieving energy savings. New Buildings Institute Webinar ArchiveView NBI’s archive of on-demand webinar recordings on topics including codes and policies to advance net zero to zero net carbon schools.  ENERGY STAR Recorded Webinars and Online Contractor TrainingsLearn about the latest ENERGY STAR residential programs about advanced energy efficiency in homes, or revisit your contractor trainings for Home Performance with ENERGY STAR to refresh requirements, objectives, and strategies. Home Energy Score Training WebinarsBrush up on your Home Energy Score understanding with these webinars from the U.S. DOE’s Better Buildings Challenge.

Contact us with any questions or project needs.