Multifamily

IPC & MCGB Partner on Solar for Multifamily Affordable Housing

Project typeSolar PV + Roof Replacement Loan typeProject Finance LocationGaithersburg, MD Building typeMultifamily Affordable Housing System size1.97 MW InstallersSolar Energy Services & Patuxent Engineering Total project cost$11.4 million Loan amount$2 million Projected annual energy production2,583,535 kWh Projected annual GHG reduction2,007 tons Solar PV + Roof Replacement · Gaithersburg, Maryland The Project Partnerships are at the […]

IPC & MCGB Partner on Solar for Multifamily Affordable Housing Read More »

Montgomery County Green Bank and Inclusive Prosperity Capital partnership will support the completion of a combined 1.97 MW rooftop solar array at Seneca Village

Montgomery County, MD (August 23, 2023) – A new partnership between the Montgomery County Green Bank and Inclusive Prosperity Capital (IPC) will support the completion of a combined 1.97 MW rooftop solar array at Seneca Village, a 58-building, 684-unit affordable housing apartment complex in Gaithersburg, MD. Upon completion in fall 2023, the project will be the

Montgomery County Green Bank and Inclusive Prosperity Capital partnership will support the completion of a combined 1.97 MW rooftop solar array at Seneca Village Read More »

IPC x BlocPower

In 2019, BlocPower approached Inclusive Prosperity Capital to provide no-cost customer financing for heat pump upgrades to small- and mid-sized properties in urban areas. IPC worked with BlocPower to assemble a financing structure that helped BlocPower catalyze its project development pipeline, scale deployment and, in 2020, attract interest and investment from Goldman Sachs’ prestigious Urban

IPC x BlocPower Read More »

IPC x Fleet Development

Inclusive Prosperity Capital partnered with Fleet Development to fund the installation of solar on 3 properties serving 128 units of deeply affordable housing in rural Oregon. IPC used the Catalyst term loan, with some modifications, to make the project work with the properties’ existing USDA and HUD financing. This solution solved financing challenges and set

IPC x Fleet Development Read More »

$12M Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities

Inclusive Prosperity Capital recently partnered with the Connecticut Green Bank and ImpactAssets to extend a catalytic $12 million bridge loan to PosiGen, the nation’s leading residential solar and energy efficiency provider for low-to-moderate income (LMI) homeowners, instantly boosting their cash flow and enabling the immediate deployment of solar and energy efficiency upgrades in LMI communities. The loan provides short-term liquidity

$12M Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities Read More »

Clean Energy States Alliance Launches Major Initiative to Advance Solar in Under-Resourced Communities

US Department of Energy Funds CESA’s Efforts to Scale Up Solar for Low-and Moderate-Income Households   Montpelier, VT (October 3, 2019) – The Clean Energy States Alliance (CESA) will lead a wide-ranging initiative to accelerate the development of solar projects that benefit low-and-moderate-income (LMI) households and communities. The “Scaling Up Solar for Under-Resourced Communities Project” is

Clean Energy States Alliance Launches Major Initiative to Advance Solar in Under-Resourced Communities Read More »

Scroll to Top