DC's Municipal Investment Fund - Consultants and Contractors Workshop

DOEE, the DC Green Bank and GBCI have partnered to host a series of convenings and workshops as part of the Municipal Investment Fund.

DC's Municipal Investment Fund Project - Consultants and Contractors Workshop

Audience for this session: MIF Project partners together with energy consultants, energy auditors, retrocomissioning agents, general contractors, engineers, renewable project developers and

Location: 899 North Capital Street - 2nd Floor Anacostia Conference Room

Food and Beverage:

Breakfast - Call Your Mother bagles and schmear, bagel + egg sandwiches

Lunch - Bub & Pop's hot and cold sandwiches, salad, potato salad

Session Description: This workshop is designed for energy consultants, vendors, services providers and contractors to learn about project financing options and how to utilize the Investor Ready Energy Efficiency (IREE) certification with your clients to unlock financing opportunities.

Participants will learn about the The Investor Confidence Project (ICP), as well as how to become an ICP Project Developer or a ICP Quality Assurance Assessor to generate new lines of revenue and better support your clients' project needs.

Full Event List:

1. Consultants and Contractors Workshop – March 4th
2. Developers, Owners and Associations Workshop – March 11th

Agenda

1. Introductions + Program Deliverables Review – 10AM to 10:30AM
2. DC Green Bank Overview – 10:30AM to 11AM
3. Overview of Relevant Project Financing Opportunities for Your Customers- 11AM to 12PM
4. Lunch and Networking – 12PM to 1PM
5. Investor Confidence Project + IREE Certification for Service Providers – 1PM to 2PM
6. Contractor and Consultant Stakeholder Feedback Session – 2PM to 3PM
7. MIF Next Steps + Network Development Plans – 3PM

Background: With grant support from the Municipal Investment Fund (MIF), the District of Columbia’s Department of Energy and Environment (DOEE) and DC Green Bank (DCGB) are partnering to develop new underwriting standards rooted in building science to support the financing of qualified projects meeting requirements for the National Clean Investment Fund (NCIF).The Municipal Investment Fund (MIF) is a transformative opportunity for communities across the US to develop finance-ready project pipelines that will unlock private investment, create jobs, lower energy costs, and improve life for all Americans. ICLEI-Local Governments for Sustainability USA is partnering with the Coalition for Green Capital(CGC) to offer market-building funding and technical support to help communities — Local governments, Tribes, and their partner not-for-profit organizations — to develop public-private partnership plans that can accelerate the deployment of capital to clean energy projects.

Project Description: DOEE and DCGB will host convenings to develop underwriting standards that use Investor Ready Energy Efficiency (IREE) certification from the Green Business Certification Inc’s (GBCI's) Investor Confidence Project (ICP) as the basis for an enhanced lending process for investments in NCIF qualified projects. Hosted by DOEE, GBCI will provide a series of workshops that train stakeholders like local lenders, building owners, developers, and service providers to encourage the adoption of IREE, alongside DCGB, for structured project origination. Feedback from local stakeholders will help DCGB refine lending criteria for DC’s MIF Public Private Partnership Plan, identify potential qualified projects to pilot test IREE certification, and train local project developers in ICP protocols to ensure high-quality project origination procedures become the norm across the region.

The project will establish new lending practices by creating a local ecosystem of project developers and third-party reviewers that will generate economic opportunities for local contractors, consultants, and lenders while attracting outside investors and private equity by bringing a new level of certainty to financing energy efficiency opportunities. Creating a financing program utilizing IREE certification and ICP’s existing network of Project Developers and Quality Assurance Assessors will intentionally structure a retrofit and decarbonization market that quickly connects qualifying projects with favorable financing terms. Standardizing underwriting terms and origination protocols will generate economies of scale and reduce borrowing costs for owners seeking to implement energy efficiency and decarbonization projects. Reliable project origination standards will also help building owners evaluate origination proposals from contractors and will guarantee owners receive the same quality service with standardized deliverables that meet DCGB program requirements.