Montgomery County Green Bank

What Montgomery County Green Bank does

Montgomery County Green Bank (MCGB) is a publicly-chartered 501(c)(3) nonprofit corporation headquartered at 21 Church Street, Suite 400, Rockville, Maryland. Its mandate is to accelerate affordable energy efficiency and clean energy investment within Montgomery County, MD, in support of the County's goal of 100% greenhouse gas emissions reduction by 2035. MCGB functions as a green bank: it does not deploy its own balance sheet at scale, but rather connects capital providers (financial institutions, CDFIs, fintech firms) with project developers, contractors, and property owners through a structured suite of financing programs. These include residential Energy Efficiency Financing and Renewable Energy Financing products, and a commercial stack comprising Tailored Structured Finance, the Commercial Property Assessed Clean Energy and Resilience program (MC-PACER), a Solar Power Purchase Agreement (CSPPA), Small Business Energy Savings Solutions (SBESS), a Community Solar Lease, the Electric Vehicle Charger Infrastructure Program (EVCIP) for affordable multifamily properties, and a Technical Assistance Program that funds pre-development GHG-reduction studies.

The company's go-to-market relies heavily on partnerships. Core strategic alliances include fintech OneEthos (a 2026 $4 million clean energy financing initiative), national lender NYCEEC, CDFIs Virginia Community Capital and City First Enterprises, the Maryland Clean Energy Center, and faith-based channel partner Interfaith Power and Light (DC, MD, VA). Distribution combines direct engagement with commercial property owners, congregations, nonprofits, and affordable-housing developers with a contractor and installer network that introduces customers to MCGB financing. Marketing uses the MCGB website, email newsletters, industry conferences (CHESSA Energize Summit, OFN, MACo Summer Conference, Moxie Awards), webinars, and organic social channels.

MCGB earns revenue principally through transaction-related fees on the financing it facilitates, supplemented by grants and programmatic public funding. Its customer base is intentionally diversified across homeowners, commercial property owners, small businesses, nonprofits and congregations, contractors, and institutional capital providers; signature projects include the $11.4 million rooftop solar and energy-efficient roof retrofit at the 684-unit Seneca Village Apartments affordable housing property in Gaithersburg, MD, alongside comparable solar and HVAC financings at condominium associations, houses of worship, senior facilities, warehouses, schools, and supportive housing providers. The organization operates with a small 1-10 employee footprint and is governed by a publicly-chartered nonprofit structure with no parent company, no traditional venture or private equity ownership, and no equity instruments outstanding.

Name

Montgomery County Green Bank

Legal name

Montgomery County Green Bank

Website

https://mcgreenbank.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Montgomery County Green Bank is a publicly-chartered 501(c)(3) nonprofit that connects capital providers with project developers to finance clean energy and energy efficiency projects for homeowners, commercial property owners, small businesses, and nonprofits across Montgomery County, Maryland.

Ownership category

akta.pro rank

Product category

Green / Clean Energy Financing

NAICS

Other Financial Vehicles (52599)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Energy Efficiency & Green Retrofit Financing (FSALAHAK)

akta.pro secondary industries

Green Tariffs & Utility Renewable Supply Programs (EUAGADAJ), Sustainable/Green Building & LEED Consulting (BPAHAKAG), Municipal/Local Government Development Banks (FSABAKAI)

Keywords

• Clean energy financing
• Commercial property financing
• Residential energy loans
• Green banking services
• Renewable energy funding

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Financing Facilitation: The organization facilitates clean energy financing by brokering loans and financing arrangements between capital providers and project developers, earning fees on transactions.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Montgomery County Green Bank is a publicly-chartered 501(c)(3) nonprofit that facilitates clean energy and energy efficiency financing for residential and commercial customers in Montgomery County, MD. It offers a portfolio of financing products including residential energy efficiency and renewable energy loans, commercial tailored structured finance, MC-PACER property-tax-based assessments, Solar Power Purchase Agreements (CSPPA), Small Business Energy Savings Solutions (SBESS), Community Solar Leases, and Electric Vehicle Charger Infrastructure financing, sourcing capital from partner financial institutions and CDFIs.

Product overview

Montgomery County Green Bank operates as a unified financing platform offering multiple complementary products for clean energy adoption across residential and commercial sectors. The core residential offerings include Energy Efficiency Financing and Renewable Energy Financing for homeowners. Commercial offerings center on Tailored Structured Finance, MC-PACER (Commercial Property Assessed Clean Energy and Resilience), Solar Power Purchase Agreement (CSPPA), and Small Business Energy Savings Solutions (SBESS). Supporting programs include the Technical Assistance Program for planning studies and Community Solar Lease for property owners. The Electric Vehicle Charger Infrastructure Program (EVCIP) extends clean energy solutions to affordable housing properties. All programs are designed to lower barriers to clean energy adoption through accessible financing mechanisms including loans, leases, and power purchase agreements.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Efficiency Financing (Residential) Financing support for residential home improvements including insulation, HVAC systems, and building envelope upgrades to reduce energy costs. Targeted at Montgomery County homeowners.
• Renewable Energy Financing (Residential) Financing support for residential installation of solar panels, geothermal systems, and energy storage solutions on homes in Montgomery County.
• Tailored Structured Finance Tailored financing solutions for commercial projects, buildings, and clean energy improvements focused on improving cash flow for property owners. Serves commercial property owners in Montgomery County.
• Commercial Property Assessed Clean Energy and Resilience Financing Program (MC-PACER) Program enabling commercial property owners to use their property's tax bill as a means to finance qualifying clean energy and resilience projects. Targeted at commercial property owners in Montgomery County.
• Commercial Solar Power Purchase Agreement (CSPPA) Solar Power Purchase Agreement allowing commercial and nonprofit organizations to access solar energy benefits with no out-of-pocket costs. Targeted at commercial property owners, congregations, and nonprofits in Montgomery County.
• Small Business Energy Savings Solutions (SBESS) Clean energy financing program for small businesses to make improvements that enhance indoor air quality while lowering operating costs. Targeted at small businesses in Montgomery County.
• Technical Assistance Program Program supporting studies for commercial property owners to analyze and reduce greenhouse gas emissions through clean energy planning. Targeted at commercial property owners in Montgomery County.
• Community Solar Lease Program allowing large property owners to earn money by leasing their roof or land for solar installations with no upfront costs or ongoing fees. Targeted at large commercial property owners in Montgomery County.
• Affordable Multi-Family Housing Electric Vehicle Charging Infrastructure Program (EVCIP) Program supporting installation of up to two dual electric vehicle chargers at affordable multifamily rental properties to increase EV access for residents. Targeted at affordable multifamily housing owners in Montgomery County.

Quantifiable outcome

• The organization has supported multiple projects offsetting tens of thousands of dollars in annual energy costs per property

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Climate First BankminorGTM or Marketing Partner · 18 March 2026Climate First Bank is hosting a live webinar featuring speakers from Montgomery County Green Bank to discuss how partnerships between green banks, financial institutions, and philanthropic organizations are accelerating clean energy deployment.
• Justice Climate FundminorGTM or Marketing Partner · 18 March 2026Featured speaker organization at Green Banking Partnerships webinar discussing scalable financing models and case studies in solar and heat pumps.
• U.S. Green Bank 50minorGTM or Marketing Partner · 18 March 2026Featured speaker organization at Green Banking Partnerships webinar covering practical guidance for nonprofits and municipalities seeking climate financing.
• OneEthoscoreStrategic or Co-development Partner · 17 March 2026Fintech company OneEthos and Montgomery County Green Bank launched a $4 million clean energy financing initiative expanding on a successful pilot program. The initiative aims to lower borrowing costs and extend subsidy periods to make clean energy adoption more accessible for county residents. The program is designed to reduce barriers to clean energy adoption and provide long-term savings.
• Virginia Community CapitalcoreStrategic or Co-development PartnerFinancing partner for Seneca Village Apartments project, collaborating with MCGB and NYCEEC on the $11.4 million affordable housing solar initiative.
• NYCEECcoreStrategic or Co-development PartnerNational partner providing financing expertise for affordable housing clean energy projects including Seneca Village Apartments.
• Maryland Clean Energy CentercoreStrategic or Co-development PartnerState-level clean energy financing partner collaborating on program development and financing tools for homeowners throughout Maryland.
• City First EnterprisescoreStrategic or Co-development PartnerCommunity development financial institution partner providing innovative financing for commercial property owners in Montgomery County.
• Interfaith Power and Light (Dc., MD, VA)coreChannel Partner/ Reseller/ DistributorFaith-based organization helping walk congregations through the process of going solar at no upfront cost using MCGB financing programs.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Climate First Bank: Values-based, environmentally-focused commercial bank with a national digital footprint. Operates as a financial institution partner (hosted joint webinar) rather than a direct local competitor, but is a comparable mission-aligned capital provider in the clean energy financing ecosystem.

Direct peers

• Virginia Community Capital: CDFI and financing partner of MCGB (Seneca Village). Provides commercial real estate and community development financing with clean energy and affordable housing focus; directly comparable in deal structure and customer type.
• Colorado Clean Energy Fund: Nonprofit clean energy financing organization offering residential and commercial lending products, including PACE and structured finance. Operates in a different geography but with a directly comparable mission, structure, and product set.
• New York City Energy Efficiency Corporation (NYCEEC): Nonprofit specialty finance company that structures and underwrites clean energy transactions in NYC. Already a partner of MCGB (Seneca Village deal), and shares the same mission-driven, structured-finance approach to affordable housing and commercial clean energy projects.
• Inclusive Prosperity Capital: CDFI providing clean energy financing for nonprofits, affordable housing, and mission-driven organizations. Comparable customer base (congregations, nonprofits, multifamily housing) and product mix to MCGB, with overlapping use of PACE and structured loan products.
• Connecticut Green Bank: State-chartered green bank offering clean energy financing across residential, commercial, and institutional segments. Closest analog to MCGB at the state level with overlapping product set (Solar PPA, PACE, commercial clean energy loans) and similar nonprofit/public-charter model.
• City First Enterprises: CDFI providing commercial property financing for community development and clean energy projects. Direct financing partner of MCGB for Montgomery County commercial projects, sharing similar structured-finance and community impact orientation.

Regional players

• Maryland Clean Energy Center: State-level clean energy program administrator and partner of MCGB. Operates across Maryland with overlapping residential and commercial financing programs; functions as a regional peer rather than a direct competitor given its state-mandated scope.
• DC Green Bank: Green bank serving Washington, DC, adjacent to MCGB's secondary geographic reach. Offers similar clean energy financing products across DC's residential and commercial base, operating in a neighboring regulatory and customer environment.

Emerging players

• OneEthos: Fintech clean energy financing platform that partnered with MCGB on the $4M financing initiative. Operates in adjacent fintech-enabled clean energy lending space and represents both a partner and a potential disruptor in digitizing green bank lending.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Montgomery-County-Green-Bank
• Xx.com/mcgreenbank
• LinkedInlinkedin.com/company/mcgreenbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Montgomery County Green Bank