How Green Banks Support Commercial Projects
Clean energy and efficiency upgrades cut operating costs, raise asset value, and meet compliance requirements — but large projects are complex and capital-intensive. Washington Builds provides flexible financing and credit support for commercial efficiency, on-site renewables, and fleet electrification.
Current Programs
Washington Builds
Acceleration Fund
Commercial clean energy and efficiency projects are funded through Washington Builds’ Acceleration Fund, a competitive Request for Projects (RFP). Businesses, developers, nonprofits, Tribes, local governments, and agricultural operations can apply directly for Washington Builds capital to help finance an eligible project.
The RFP will lay out the eligibility criteria, the projects and financing structures we support, and everything your proposal should include.
Seattle Interest Rate
Buy-Down
An interest rate buy-down lowers the cost of borrowing, making clean energy projects more affordable from day one. Through this tool, Washington Builds reduces the interest rate on qualifying loans from our lending partners — so commercial property owners pay less over the life of the financing.
Details on eligible projects and participating lenders will be available as the program launches.
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Get in touch
As Washington’s green bank, Washington Builds stretches every dollar of public and philanthropic capital into far greater private sector investment. Have a project, capital to put to work, or just a question? Tell us a bit and we’ll follow up.
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