Designed by Schemata Workshop and built by Green Canopy NODE, Sunnyside Village Cohousing is a multigenerational community intended to foster neighborly connection, sustainability, and healthy living.

The Sunnyside Village Cohousing team celebrates groundbreaking

Green Canopy NODE’s Sam Lai, Chief Development Officer and Justin Hooks, Vice President of Construction

SEATTLE, Washington (October 3, 2023) - Sunnyside Village Cohousing, Schemata Workshop, and Green Canopy NODE alongside community members and stakeholders celebrated the groundbreaking of Sunnyside Village this summer . This event marks a significant milestone in the journey towards creating a vibrant and sustainable intentional community located in Marysville, Washington.

Sunnyside Village Cohousing is dedicated to sustainability, intergenerational living, and organic gardening - fostering a more connected way of life. The community, designed by Schemata Workshop and built by Green Canopy NODE, will comprise four-star Built Green cottages, a shared common house, and organic community gardens. Sunnyside Village is currently accepting reservations for homes with a limited number of homes remaining available.

“After many years of effort and planning, it is exciting to see our dream becoming a reality. It is fulfilling our desire to live in a community where no one feels isolated or lonely, where people are friendly and neighborly with each other, and where parents have support for raising their children,” said Jennie Lindberg, co-founder of Sunnyside Village. “We love the skill, caring, attention to detail and professionalism of our team, Green Canopy NODE and Schemata Workshop.”

Embracing Connection Through Design

Sunnyside Village Cohousing is not just a residential development; it's a blueprint for a more connected way of life, thoughtfully intended to combat postmodern loneliness. Designed by architectural firm Schemata Workshop, Sunnyside Village has been meticulously planned to cultivate neighborly connections and nurture an affinity for nature.

Sunnyside Village will offer 32 independent cottages, complemented conveniently located clustered parking designed to minimize the project's ecological footprint. At its heart lies a common house, housing home offices, a children's playroom, and a communal kitchen, among other amenities. What sets Sunnyside Village apart is its extensive outdoor green spaces, featuring a community garden, orchard, and berry patch. These spaces are envisioned as hubs for forging connections and fostering social capital, with harvested organic produce contributing to weekly communal meals shared by residents.

“Cohousing is different from other types of housing, not by the physical form, but rather by the intentionality of the residents to live collaboratively and interdependently,” said Grace Kim, Principal Architect at Schemata Workshop. “Many of us learned through the pandemic that complete independence was isolating and lonely. Cohousing offers resilient neighborhoods where people are more socially connected- resulting in longer lives for those who chose this housing option.”

Partnerships for Sustainability

The shared commitment to sustainability and a deeper sense of community unites Schemata Workshop, Sunnyside Village Cohousing, and Green Canopy NODE in this transformative project. The collective partnership signifies an effort to make better decisions for the community and the planet.

“It’s been a pleasure working shoulder to shoulder with the brilliant people at Sunnyside community and Schemata Workshop in such an inspirational project. Our aggressive social, environmental, and financial goals would not have come to fruition without deep trust and healthy communication facilitated by Karen Gimnig, our process consultant.”

Green Canopy NODE brings its depth of consulting expertise to the development, contributing to conceptual design, risk analysis, and facilitating the community in realizing its vision, in addition to general contracting services to bring the project to life.

Integrated Development Solutions

Green Canopy NODE offers comprehensive development solutions, supporting developer clients engaged in multi-unit residential projects at every stage of the development journey. From pre-development to architecture, construction management, and consulting, Green Canopy NODE is committed to building sustainable homes faster to meet clients’ financial, social, and environmental goals.

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About Sunnyside Village Cohousing: Sunnyside Village is a cohousing community with a strong focus on its organic garden. Residents will live in 32 cottages and share ownership in a Common House for community activities and some shared meals. Members own their home and the lot it is built on. As a forming community, their mission is to create a cohousing community of diverse people who share vision and values – solidarity, sustainability, and democracy.

About Schemata Workshop: Schemata Workshop is an architecture and urban design practice that empowers people and their communities. The firm values community, equity, and sustainability. Their team approaches each project with the goal of creating resilient communities. They design with integrity, believing in honest, expressive use of materials, and always preferring local resources and production.

About Green Canopy NODE: Green Canopy NODE is a mission-driven construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing.

For more information about SVC please contact:
jennie@sunnysidevillagecohousing.com

For information about developing similar communities, contact:
developmentservices@greencanopynode.com

Seattle, WA, March 27, 2023 - Green Canopy NODE, a leading sustainable construction technology company, is proud to announce the launch and completion of its Mass Timber Model Home, designed as a turnkey workforce housing unit. The Model Home showcases the benefits of Green Canopy NODE's Building Mass Timber Assembly Kits providing developers a path to deliver housing twice as fast with greater predictability.

The Mass Timber Model Home is a two-story modular home built using precision-engineered mass timber components manufactured offsite, demonstrating the power of prefabrication, installation, and logistics. The modules for the home were assembled offsite and ready for shipping in two days. Onsite assembly for the entire home occurred in two days during a blizzard, further testing the company’s process and capabilities to build under extreme conditions.

"Green Canopy NODE's Mass Timber Model Home is a game-changer for developers. We all want to solve the housing market’s pains, but we get stuck in long development timelines and traditional construction schedules. Our Model Home will help cut out a lot of hurdles and risks we all have traditionally struggled with and help us all simply deliver more housing," said Bec Chapin, Co-CEO of Green Canopy NODE.

Green Canopy NODE's Mass Timber Model Home is at the forefront of sustainability, storing carbon and reducing embodied carbon footprint and waste. Building with mass timber delivers increased efficiency, enhanced sustainability, health benefits, and unparalleled aesthetics, making it an ideal choice for developers and investors interested in low- and mid-rise residential construction technology.

"We are excited to bring the power of manufacturing to help regenerate communities and environments, all while reducing waste and minimizing embodied carbon," said Aaron Fairchild, Co-CEO of Green Canopy NODE.

Green Canopy NODE is pleased to announce the firm was selected as an ImpactAssets 50 fund manager (IA50). This is the third time Green Canopy NODE has been included. The IA50 is a free publicly available, searchable database of impact investment fund managers for impact investors, family offices, corporations, foundations, and institutional investors. The 2023 edition of IA 50 features a record number of private impact fund managers delivering social and environmental impact as well as financial returns.   

For many investors, sourcing investment offerings that intentionally target financial, social and environmental returns can be a time consumptive process. The rigor that the IA 50 Review Committee conducts to source impact investment fund managers provides not just a leg up for investors but for the field at large.   

“This acknowledgement comes at an exciting time. Green Canopy NODE will soon be announcing its fifth real estate investment fund, the Douglas Fir Fund, which expects to deploy investment capital primarily in projects that utilize sustainable mass timber,” says Aaron Fairchild, Co-CEO.   

About Green Canopy NODE  

Green Canopy NODE is a construction technology company transforming builders into assemblers with our prefabricated home and apartment assembly kits. ​With a mission to regenerate communities and environments, Green Canopy NODE is working to address the acute pain in the housing industry and help our clients deliver sustainable, healthy housing faster. Green Canopy NODE Capital has managed four real estate funds aligned to this mission while providing investors resilient financial, social and environmental returns.    

About the ImpactAssets 50   

The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for donors and/or investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment opportunities. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes.   

About ImpactAssets   

ImpactAssets is an impact investing trailblazer, dedicated to changing the trajectory of our planet’s future and improving the lives of all people. As a leading impact investing firm, we offer deep strategic expertise to help our clients define and execute on their impact goals. Founded in 2010, ImpactAssets increases flows of money to impact investing in partnership with our clients through our impact investment platform and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers.  ImpactAssets has more than $2 billion in assets in 1,700 donor advised fund accounts, working with purpose-driven individuals and their wealth managers, family offices, foundations and corporations. ImpactAssets is an independent 501(c)(3) organization.   

For more information, please contact:    

Susan Fairchild     
Chief Marketing Officer    
susan@greencanopynode.com   

SEATTLE, Washington (January 17, 2023) – Green Canopy NODE was recently named one of Seattle Business magazine’s 2022 Washington’s Best Companies to Work for. “We are both humbled and excited by this recognition. In good and hard times, we always keep our company’s mission and co-created values centered and guiding us forward,” said Aaron Fairchild, co-CEO of Green Canopy NODE.  

Washington’s Best Companies to Work for was created by Seattle Business magazine and Best Companies Group to identify, recognize, and honor the best employers in Washington, benefiting the area's economy, workforce, and businesses.  

“Our team shows up with courage and vulnerability to co-create a culture in which we can all see our fingerprints, nurturing us to be more caring and aware,” remarked Ami Nieto, HR Director. Green Canopy NODE’s talent management strategy prioritizes diversity and inclusion, cultivating a work environment in which all team members can thrive in authenticity.  

This accolade acknowledges companies based on workplace policies, practices, and philosophy. Employee experience is also surveyed, and this component is key when deciding. Green Canopy NODE believes that employees resonate with a culture they can call their own. “Together, we're building the future of housing. We're deeply committed to being a team – driven by innovation and collaboration. We know that it’s people working together that brings change,” concluded co-CEO Bec Chapin.  

Green Canopy NODE recently took another step toward inclusion by pushing to democratize company investment through its first Equity Crowdfunding campaign – allowing everyone to invest in more sustainable and healthy homes for all. Learn more about Green Canopy NODE’s offering and how to invest at https://www.startengine.com/offering/greencanopynode 

 
About Green Canopy NODE 

Green Canopy NODE is an integrated construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing.  

For more information, please contact:  
Susan Fairchild  
Chief Marketing Officer  
susan@greencanopynode.com  

The Seattle Construction Tech Company is Raising Capital to Scale its Innovative Construction Products that Enable Developers to Build Healthier Homes Faster and More Sustainably

FOR IMMEDIATE RELEASE

SEATTLE, Washington (December 1, 2022) - Green Canopy NODE is pleased to announce the launch of its first crowdfunding campaign, now available for investment to the public on StartEngine. The Seattle-based construction technology, real estate development, and fund management company has long believed that investment in private companies should be democratized. Launching this campaign allows everyone, not just institutional or accredited investors, to invest in revolutionizing the construction industry to build more sustainable, healthy homes faster.

“We are excited about crowdfunding because it gives more people an opportunity to be a part of transforming how homes are built, while at the same time offering real positive social and environmental impact for our communities and the planet,” said Co-CEO Aaron Fairchild. “When individuals with normal incomes align their values to their investments, they become direct participants in positive transformation with us –they become impact investors for a better world.”

Green Canopy NODE is raising capital to scale its technology development with innovative construction products that simplify construction while boosting productivity – building faster and more sustainably. The company leverages its integrated construction ecosystem, proving product-market fit on-site through its certified green real estate development pipeline and real estate funds.

In 2023, Green Canopy NODE plans to install millions of dollars worth of utility and structural products on site and develop a new region of expansion across the US – selling to other developers and builders directly and through channel partners with its configurable product catalog. “Our roadmap is clear – we’re here to scale healthy and sustainable homes from everyone,” said Co-CEO Bec Chapin. “Given the labor and supply shortages, traditional homebuilders simply can’t produce enough.  It’s time to revolutionize the industry, and we see our integrated construction ecosystem as the model required for scale.”

The vertically integrated company is also an experienced fund manager. Green Canopy NODE Capital has successfully launched and managed four real estate funds and is soon to launch its pioneering fifth fund on mass timber. Learn more about Green Canopy NODE’s offering and how to invest at www.startengine.com/greencanopynode

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About Green Canopy NODE
Green Canopy NODE is an integrated construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing.

For more information, please contact: 
Susan Fairchild  
Chief Marketing Officer 
susan@greencanopynode.com 
206-792-7280 

Making investments in privately held companies is considered high risk. Before making an investment, please review the full campaign page on StartEngine, which includes risks and disclosures. 

For Immediate Release

Funding Part of Advanced Research Projects Agency-Energy (ARPA-E) HESTIA Program to Increase Total Amount of Carbon Stored in Buildings

[Richland, WA] – Pacific Northwest National Laboratory (PNNL) has been selected, along with its collaborators Washington State University (WSU) and Green Canopy NODE, to receive $2.63 Million in funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). The funding is part of the ARPA-E HESTIA program, which prioritizes overcoming barriers associated with carbon-storing buildings, including scarce, expensive, and geographically limited building materials. The goal of the HESTIA program is to increase the total amount of carbon stored in buildings to create carbon sinks, which absorb more carbon from the atmosphere than released during the construction process.

The project team is led by Principal Investigator (PI) Dr. Chrissi Antonopoulos, senior analyst at PNNL, with Co-PI Dr. Adam Phillips leading the Washington State University research team and Darrin Griechen representing Green Canopy NODE. Other senior researchers and collaborators on the project team include Patricia Gunderson (PNNL), Edward Louie (PNNL), Dr. Karl Englund (WSU), and Dr. Ji Yun Lee (WSU).

The research project will develop an innovative approach toward modular design and construction of residential buildings that centers around reuse, recycling, and reimagination of building components. The project’s goal is to produce a net negative carbon residence using advanced manufacturing techniques, biobased materials, de-constructable connection details, and circular design planning to create residences that have the durability and flexibility to be sustainable, modifiable, and reconfigurable for generations to come.

For additional information about Pacific Northwest National Laboratory, Washington State University, and Green Canopy NODE please visit the institutional websites. More information will be forthcoming as the project starts.

Pacific Northwest National Laboratory

Dept. of Civil and Environmental Engineering WSU

Green Canopy NODE

Contract Susan Fairchild with questions.

Green Canopy NODE and Timber Finance Initiative to Lead Working Group on Carbon Methodology for Mass Timber Construction

Seattle, Zurich, 29th of September 2022 – The Timber Finance Initiative, Green Canopy NODE, South Pole and Gordian Knot Strategies are pleased to announce they have joined efforts in creating the first mass timber carbon credit methodology. They are developing a globally applicable carbon credit methodology for mass timber construction in Verra’s Verified Carbon Standard (VCS) GHG crediting Program. Verra will serve as the independent standard-setter for the methodology.

The Working Group will bring together a team of field and technical experts. Together, it will develop a concept note to be submitted to Verra’s VCS Program, the world’s leading greenhouse gas program, later this year. The final methodology will then be developed by the Timber Finance Initiative and South Pole. A rigorous carbon methodology will help realize the climate value of stored carbon in mass timber construction and help scale mass timber as a negative emissions technology and low-emissions building material.

Current estimates show that up to 40 percent of global carbon dioxide (CO2) emissions originate from the built environment. Furthermore, up to 60 percent of the world’s existing building stocks will be built and rebuilt within the next two decades, laying a tremendous challenge and opportunity to set more sustainable trends in the construction sector. Mass timber has been identified as a renewable and low-emissions alternative to concrete and steel. If timber is procured from sustainable forest management, mass timber mitigates climate change twofold: By removing CO2 (Carbon Dioxide Removal) from the atmosphere and storing it long-term in buildings and by replacing Green House Gas (GHG)-intensive conventional building materials.

About Timber Finance Initiative

The Timber Finance Initiative is the Swiss competence center for timber investments. Timber Finance promotes sustainable investment opportunities of the forest and timber industry through the development of new financial products, carbon removal credits, whitepapers, and advisory services. Timber Finance launched the world’s first timber carbon capture and storage index in February 2022. www.timberfinance.ch

Co-Founder of Timber Finance Initiative, Thomas Fedrizzi: “The United Nations Climate Council has recently recognized the potential of mass timber and its multiple benefits: Timber not only functions as a carbon sink, but – when used in building construction – achieves emission reductions by displacing carbon-intensive materials such as concrete and steel.

About Green Canopy NODE

Green Canopy NODE is a vertically integrated construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate both communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing. www.greencanopynode.com

Co-CEO of Green Canopy NODE, Aaron Fairchild: “I am encouraged about the potential to further scale mass and cross-laminated timber through building our shared future. Housing that utilizes mass-timber is longer-lasting and can be more cost-effective, making climate-smart homes accessible to people of all income levels.”

About South Pole

South Pole, a social enterprise recognized by the World Economic Forum's Schwab Foundation, is the world's leading climate solutions provider and carbon project developer. Since its creation in 2006, it has developed nearly 1,000 projects in over 50 countries to reduce over one gigaton of CO2 emissions, and to provide social benefits to less privileged communities who are particularly vulnerable to climate change. South Pole's project work spans sustainable agriculture, forest conservation, waste management, energy efficiency, and decentralized renewable energy. www.southpole.com

Associate Director  at South Pole, Nicolas Roduner, “The climate benefit of using timber instead of conventional building materials is currently not monetized. We will change this by developing this methodology and subsequently support mass timber projects with climate finance.”

About Gordian Knot Strategies

Gordian Knot Strategies is a strategic problem-solving consulting company with a focus on natural climate solutions and expertise in climate finance, impact funds, and carbon markets, and has developed numerous go-to-market plans in these areas.  https://gordianknotstrategies.com/

CEO of GKS, Sean Penrith: “Voluntary carbon markets have the potential to route billions of dollars from firms committing to net zero to projects and technologies that reduce or eliminate carbon emissions. The successful introduction of a mass timber carbon methodology is key to help finance the shift to carbon storing, green buildings.”

About Verra

Verra is a nonprofit organization that operates the world’s leading carbon crediting program, the Verified Carbon Standard (VCS) Program, as well as other standards in environmental and social markets. To date, Verra has issued over 970 million carbon credits to over 1,800 projects around the world.

Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods, and protect natural resources by working with the private and public sectors. We support climate action and sustainable development with standards, tools, and programs that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up projects that verifiably deliver these benefits.  www.verra.org

The Mass Timber CDR Working Group

The Timber Finance Initiative, Green Canopy NODE ,South Pole and Gordian Knot Strategies have created a Working Group of issue area experts to develop a globally applicable carbon credit methodology for mass timber construction Verra will serve as an independent standard-setter for the methodology. A rigorous carbon methodology will help realize the value of stored carbon in mass timber construction and further clear a pathway to scale mass timber as a climate-smart building material. The final methodology will be developed by the Timber Finance Initiative and South Pole. The final methodology is anticipated in early 2023.

Questions? Contact:

Susan Fairchild
Chief Marketing Officer
susan@greencanopynode.com

For Immediate Release

SEATTLE, Washington (August 25, 2022) – Amidst humanity’s magnified sensitivity to the pitfalls of social isolation, cohousing residential projects are gaining momentum as an answer to postmodern loneliness. Located between Marysville and Lake Stevens, a new kind of intentional community is making progress: Sunnyside Village Cohousing. Green Canopy NODE is proud to join architecture firm Schemata Workshop to help Sunnyside Village Cohousing develop the 4.75 acre project.

“Loneliness can be the result of the built environment” explains Grace Kim, Principal Architect at Schemata Workshop. “It is intentionality that sets cohousing apart from other types of housing models,” she adds. Sunnyside Village spaces are curated to foster neighbors’ easy interactions outside private homes, bringing people together through collaboration and the love of nature.

More than just a home, Sunnyside Village will be a community for life.  The project has 32 independent cottages – ranging from 1,000 to 1,200 square feet - and 64 centralized parking spaces to avoid car congestion disrupting the harmony with nature. The shared areas comprise a 3,350sf common house with home office spaces, a kids’ room, and a kitchen, to name a few. The community’s hallmark is the vastness of outdoor green spaces – community garden, orchard, and berry patch - to facilitate meaningful connection and build social capital. The harvested organic produce is expected to contribute to the three weekly community meals that residents will prepare and share together.

While Sunnyside Village Cohousing is currently in the pre-development phase, future residents already share their excitement about living there, as an “antidote to the isolation of modern life” and for its powerful “sense of transitioning, to a different place, at a different pace.” This intentional community expects to transcend traditional cohousing and make decisions together aligned through their shared love for the natural environment.

Similarly, the ethos of green building is the baseline for bringing Schemata Workshop, Sunnyside Village Cohousing, and Green Canopy NODE together – to make better decisions for the community and the planet. Green Canopy NODE is bringing its consulting expertise to the project, contributing to the conceptual design, risk analysis, and, most importantly, helping the community achieve its goals.

Ultimately, cohousing is about finding a more connected way of living – people with people and people with the planet. Green Canopy NODE shares this mission to help regenerate communities and environments. The company offers its development services in support of purposeful developer clients of multi-unit residential projects at any stage – pre-development, architecture, construction management, and consulting.

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About Green Canopy NODE: Green Canopy NODE is a mission-driven construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing.  Green Canopy NODE is also an experienced fund manager. The firm has successfully managed four real estate funds for a total of $70+ million AUM, and over 200 investor accounts. Financial and impact returns have been aligned to investor expectations.

About Schemata Workshop: Schemata Workshop is an architecture and urban design practice that empowers people and their communities. The firm designs with integrity, believing in honest, expressive use of materials, and always preferring local sources and production. The team approaches each project with a design philosophy geared towards creating environmentally, economically, and socially sustainable architecture that enhances the resiliency of communities.

About Sunnyside Village Cohousing: Sunnyside Village is a cohousing community with a strong focus on its organic garden. Residents will live in 32 (1000-1200 sf) cottages and share ownership in a (3000 sf) Common House for community activities and some shared meals. Members own their home and the lot it is built on. As a forming community, their mission is to create a cohousing community of diverse people who share vision and values – solidarity, sustainability, and democracy.

For more information, please contact:
Susan Fairchild
Chief Marketing Officer
susan@greencanopynode.com

Combined entity will rapidly scale construction technology, and help its clients lower the cost to build and decarbonize the built environment.

SEATTLE, Washington (November 2, 2021) - Green Canopy and NODE are pleased to announce they have merged to create Green Canopy NODE, SPC and have completed an initial close on a $10M round. The early-stage construction tech innovator, NODE, has come together within Green Canopy, an established, deep green, vertically integrated development, design, general contracting, and fund management company. By next year, the team should double in size to over 60 employees.

Green Canopy NODE brings together the appropriate verticals and expertise needed to make construction more sustainable, healthy, efficient, and less costly. Unleashing the talents of a new workforce will further drive down construction costs.

“There are some monumental synergies at play here, fueled by tech expertise and development know-how that can come together seamlessly to create scale,” stated Peter Orser, Board Chair of Green Canopy NODE. “This is exciting because you generally don’t find this combination in the market– it’s typically either one or the other.”

Green Canopy NODE will begin off-site manufacturing designed to develop a complete kit of parts for efficient, software-guided assembly by generalist construction workers. The goal is to ultimately create highly sustainable housing that is accessible to people of all income levels at scale.

“The construction industry is ripe for disruption and evolution. It’s a giant industry that has been losing productivity over decades and is not meeting our most crucial demands for housing,” said Bec Chapin, NODE co-founder and co-CEO of Green Canopy NODE. “For industry transformation to occur, solutions must be able to engage with existing stakeholders, workflows, and regulation. The bigger change we’re aiming at is an evolution of the industry to build more houses, faster that create greater health, wellbeing, and resiliency for people and communities now and in the future.”

“In the years to come, we expect that we will be designing, developing, and manufacturing all of our housing product offsite to help enable our partners and communities achieve their development objectives in the most cost-effective manner. By doing this, we can achieve not just better financial results, but better social and environmental results,” stated Aaron Fairchild, Green Canopy co-founder and co-CEO of Green Canopy NODE.

Green Canopy NODE believes that everyone deserves a high quality, sustainable, and healthy home. The company is actively working with Habitat for Humanity Seattle - King County, on the development of a 17-unit affordable and sustainable condominium development in Capitol Hill in Seattle.

“We are excited about the prospects of Green Canopy NODE being able to dramatically reduce construction costs. With a 4,500-person waitlist for our affordable homeownership program in King County alone, it’s clear something in the construction process needs to change,” says Patrick Sullivan, Habitat for Humanity King County.

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About Green Canopy NODE: Green Canopy NODE is a vertically integrated construction technology firm and fund manager. The company works for its clients and investors to deliver high performing, deep green, all-electric, and healthy housing. Their mission is to build relationships, businesses, and homes that help regenerate communities and environments.

The team at Green Canopy NODE offers development, design, and general contracting services to third-party developers, property owners, Limited Partners, and sustainable real estate investors.

Green Canopy NODE is also an experienced fund manager. The firm has successfully managed four real estate funds for a total of $70+ million AUM, and over 200 investor accounts. Financial and impact returns have been aligned to investor expectations.

For more information, please contact:

Susan Fairchild, Director of Impact & Investor Relations

susan@greencanopynode.com

206-792-7280

SEATTLE, Washington (May 6, 2021) - Green Canopy and Habitat for Humanity Seattle – King County (Habitat) are pleased to announce a partnership to design a 17-unit affordable multifamily housing development in the Capitol Hill neighborhood of Seattle. The 4-star Built Green project, located near Cal Anderson Park, features one- and two-bedroom units to be sold to households making at or below 80 percent area median income. The collaboration will bridge affordability and sustainability and fill a gap in the housing market for low-income individuals, couples, and smaller families.

Combining a land trust model with permanent affordability requirements, Habitat lowers barriers to homeownership. Habitat’s homeownership model creates opportunities for those who may not otherwise have access to owning a home and enables them to build equity and obtain security and stability. In Seattle, population growth, low inventory and market price appreciations have prevented first-time homebuyers from being able to afford to live within the urban center and create wealth through equity in ownership.

“We have identified a significant gap in the housing market for those who can’t afford to build equity in the city that they live and work in,” said Patrick Sullivan, Director of Real Estate Development at Habitat. “Typically, affordable housing options are located outside of city centers and further from jobs and other amenities. We are excited to offer these homes to hard-working and deserving people who would otherwise be priced out of the area.”

Through this partnership, Green Canopy and Habitat for Humanity serve as a model for aligning for-profit and nonprofit organizations to develop market-rate land, while accelerating access to affordable, sustainable homes.

“We believe the partnership between Habitat and Green Canopy will set a new standard for homebuilding,” said Brett D’Antonio, CEO of Habitat for Humanity Seattle-King County. “Through private non-profit partnerships we are able to deliver more affordable housing units than we could alone.”

Known for its innovative, highly energy efficient urban infill homes in Seattle and Portland, Green Canopy specializes in unparalleled cost control and project management without compromising on sustainability.

“It is oftentimes a trade-off between sustainable or affordable when it comes to housing,” said Sam Lai, Green Canopy’s cofounder. “We are passionate about unlocking the potential impact of combining our expertise in green building and cost control with Habitat’s expertise in offering homes at a price point that increases accessibility.”

Green Canopy’s stringent green building standards result in homes that are not only better for the environment, but also better for residents’ health. Homeowner’s indoor air quality is improved by using all-electric appliances, low volatile organic compounds (VOCs) products and materials, and through systems like the Energy Recovery Ventilators (ERVs), which bring fresh, filtered air into the homes. Furthermore, the end product simply costs less to operate on a monthly basis than a comparable code-built home.

“Providing all-electric, sustainable, and healthy homes at affordable price points provides a better alternative to the current paradigm of housing,” said Susan Fairchild, Director of Impact at Green Canopy. “Through partnership and collaboration, we believe we can democratize sustainable homes so in time, people at every income level can live in more sustainable and healthy homes.”

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About Green Canopy: Green Canopy is an award-winning urban infill developer and homebuilder specializing in high performing, deep green, all-electric healthy homes. Their mission is to build relationships, businesses, and homes that help regenerate communities and environments. The team at Green Canopy offers development and general contracting services to third party investors, developers, and investment property owners.

About Habitat for Humanity Seattle – King County: Habitat SKC is dedicated to eliminating substandard housing locally and worldwide through constructing, renovating and preserving homes, advocating for fair and just housing policies, and providing training and access to resources to help families improve their shelter conditions. Habitat is founded on the conviction that every man, woman, and child should have a simple, durable place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all.

For more information, please contact:
Susan Fairchild, Green Canopy Director of Impact and Investor Relations
susan@greencanopynode.com

Sam Lai, Green Canopy Cofounder
developmentservices@greencanopynode.com

SEATTLE, Washington (February 3, 2021) - Green Canopy and the Grow Community have announced their partnership to build the third and final phase of the Bainbridge Island development project.

Grow Community was established in 2012 with the goal of creating a sustainable, intergenerational community intended to support the health and longevity of its residents. The development, featuring 119 homes and a community center, is located minutes from the ferry dock in the town center of Bainbridge Island and is designed to be a Net Zero neighborhood with the ability to use solar panels to provide 100% of the energy needed to power each home.

Phase 3 of the Grow Community will bookend the project, with a focus on townhomes that reflect the rest of Grow’s intentional sustainable, healthy, and community-based lifestyle. Jonathan Davis, the architect and resident of Phase 1, will be returning to design the final phase of the Grow Community.

“People move here intentionally because they believe in the vision and the values of the community. It’s amazing to see the connections made here and it has been comforting for residents to know there are others around to support them as needed,” said Davis. “I am honored to finish out the design for the Grow Community. And I’m excited to be able to work with Green Canopy to do so.”

The collaboration from Green Canopy and the Grow Community signifies a dual commitment to building resilient and sustainable communities. Green Canopy is known for building deep green and Net Zero Energy homes ranging from single-family homes to multi-unit projects, and its proprietary project development platform allows for unparalleled cost control and project management.

“What is exciting about this project is the alignment of values – this project aligns with our mission. It’s humbling to be welcomed into the Grow community as a development partner with so much of the way already paved before us” said Sam Lai, Green Canopy’s co-founder.

The Grow Community is the first One Planet neighborhood in the United States. The One Planet framework guides the design of Net Zero Energy neighborhoods as places where people can reduce their overall carbon footprint while living healthier and reducing costs. The program focuses not just on environmental impacts, but also on economic and social sustainability.

“Founding partners John and Ed Ellis have been instrumental in the completion of this project,” said Grow resident and original development team member Marja Williams. “Without them, this community would have never been as successful as it is today.”

“I’m eager to see this project finished in a way that I can be proud of. Much of the work that we’ve done with the Grow Community was meant to inspire others, and I think we’ve been successful in that,” said Ed Ellis.

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About Green Canopy: Green Canopy is an award-winning urban infill developer and homebuilder specializing in high performing, deep green, all-electric healthy homes. Their mission is to build relationships, businesses, and homes that help regenerate communities and environments. The team at Green Canopy offers development and general contracting services to third party investors, developers, and investment property owners.

About Grow Community: Grow Community is an urban One Planet neighborhood on Bainbridge Island, just a 35-minute ferry ride from downtown Seattle. With beautifully designed solar-powered homes, shared community gardens and clean transportation options, Grow allows all generations to enjoy a high-quality and healthy lifestyle.

For more information, please contact:

Susan Fairchild, Green Canopy Director of Impact and Investor Relations

We are proud to announce that Green Canopy is launching Real Estate Development Services! As an extension of Green Canopy’s existing work building its own deep green and Net Zero Energy projects, Green Canopy will now offer its development and general contracting services to third party investors, developers and investment property owners. Whether you are building a deep-green, affordable multi-unit project or investment property in Seattle or Portland, we are excited that Green Canopy can now help you remove uncertainty out of the development and construction process while delivering your projects on time and budget. The Green Canopy team has been informed by hundreds of projects since 2010, and with care we have packaged our collective learnings into a proprietary process management platform that offers the best in project and change management. The Green Canopy process is designed to help you mitigate risk, contain costs to allow for greater social, environmental and financial returns.

We look forward to working with you or anyone in your network that could use Green Canopy’s real estate development and construction services.

For Immediate Release

SEATTLE, WA & PORTLAND, OR (August 20, 2019) – Green Canopy Inc., announced today it has completed the initial closing of its Series D preferred equity raise. The company raised $5.13 million from 35 impact investors across the nation. Green Canopy is a mission-driven market leader in deep green, urban infill residential design, development, construction and fund management. The completion of Green Canopy’s Series D growth capital will scale the Company’s impact by unlocking $120 million in development capacity, and by leveraging the highly efficient Green Canopy Development and Design Platform to build residential and low to mid-rise apartments for aligned investors, developers and community partners.

“We are humbled and proud to be in community with over 70 investors who all share in the desire to see Green Canopy realize the financial and impact opportunity it was built to accomplish,” says Aaron Fairchild, CEO.

Green Canopy has successfully developed a specialized, integrated and scalable platform to develop, design, build, and bring to market deep green residential properties that help regenerate communities and environments in the urban infill neighborhoods of Seattle and Portland.

Peter Orser, Green Canopy Board Chair & former homebuilding executive, says, “We see a future that can deliver on a triple bottom line. With this team, mission and platform we believe the completion of the Series D preferred offering will enable Green Canopy to dream bigger and achieve heights the typical real estate company doesn’t even consider, much less include in their core values.”

DISCLAIMER: This is not an offering or solicitation of investment.

About Green Canopy
Green Canopy, Inc. and wholly owned subsidiaries Green Canopy Homes, LLC and Green Canopy Capital, LLC have offices and teams in Seattle and Portland. Green Canopy Homes began building in 2009 and has successfully sold over 165 third-party certified, deep green and net-zero energy homes earning over $125 million in gross revenues.

Green Canopy has successfully developed a best in class, specialized business model for urban infill development at scale. Development projects are built on small, medium and large, non-contiguous lots in walkable urban neighborhoods of opportunity. The Company has a vertically integrated process and established systems for acquisition, feasibility, design, estimating, construction project management, sales, owner services and fund management. Since inception the Green Canopy Team has focused on creating an authentic, disruptive and widely recognized brand.

The Company’s mission is to build homes, relationships and businesses that help regenerate communities and environments. By committing to the deep work of its mission, Green Canopy believes a future is possible where net zero energy homes are the norm, these good homes are affordable, wildlands are preserved, communities are resilient and vibrant because they are inclusive, and people who want to invest in that future earn profits. 

For more information contact:
Susan Fairchild, Director, Investor Relations & Impact
206.792.7280
susan@greencanopy.com

For Immediate Release

SEATTLE, WASHINGTON & PORTLAND, OREGON (October 4, 2018) – Green Canopy Inc., a deep green urban residential developer, general contractor and fund manager, today announced the first closing of Cedar Fund providing $12 million in development capacity. Cedar Fund is the Company’s fourth single-family real estate fund designed to build resilient net zero ready micro-communities in Seattle, WA and Portland, OR. With the first close complete, Cedar Fund intends to acquire three initial properties currently in pre-development, and construct 25 homes.

As a mission-driven Certified B Corp, Green Canopy is compelled to create market-driven solutions to the challenges facing the high-growth cities of Seattle and Portland, including resource scarcity and global warming, urban sprawl, and limited access to neighborhoods of opportunity. In response, Cedar Fund will acquire, develop, manage and market third-party certified green built, net zero ready residential homes over the course of a 5-year fund cycle.

Cedar Fund will focus on efficient land use through infill development, multiplying the number of homes in established, walkable neighborhoods. With an emphasis on access to essential services including schools, grocery stores and transportation. By building more resource efficient homes on less land, Cedar Fund will help preserve the Pacific Northwest identity which is interwoven with farms, forests, wild lands, and salmon streams.

“I am excited and inspired by the commitment of our initial 18 Cedar Fund Limited Partners who have expressed deep faith in our mission and potential to transform the real estate market towards more regenerative and inclusive communities and environments,” says Aaron Fairchild, CEO.  

About Green Canopy
Green Canopy, Inc. and wholly owned subsidiaries Green Canopy Homes, LLC and Green Canopy Capital, LLC have offices and teams in Seattle and Portland. Green Canopy Homes began building in 2009 and has successfully sold over 140 third-party certified, green homes earning over $100 million in gross revenues.

Green Canopy has successfully developed a disruptive and specialized business model for urban infill homebuilding at scale. Development projects are built on small, medium and large, non-contiguous lots in walkable urban neighborhoods. The Company has an integrated process and established systems for feasibility, design, estimating, construction project management, sales, owner services and fund management. Since inception the Green Canopy Team has focused on creating an authentic, disruptive and widely recognized brand. 

The Company’s mission is to build homes, relationships and businesses that help regenerate communities and environments. By committing to the deep work of its mission, Green Canopy believes a future is possible where net zero energy homes are the norm, these good homes are affordable, wildlands are preserved, communities are resilient and vibrant because they are inclusive, and people who want to invest in that future earn profits.

For more information contact: 
Susan Fairchild, Director, Investor Relations & Impact
206.792.7280
susan@greencanopy.com

SEATTLE, Washington & PORTLAND, Oregon (October 4, 2017) – Green Canopy, Inc., a proven urban infill deep green homebuilder, announced the launch of its newest affiliate company, Cedar.

“Meeting the challenges of global warming and the housing crisis in our high growth cities requires us to develop disruptive, integrated, and inclusive solutions. We are proud to offer a for-profit model for building resilient, inclusive and sustainable net-zero energy micro-communities without reliance on direct government subsidies” says Aaron Fairchild, CEO of Green Canopy.

The Company will acquire, develop, manage and market third-party certified green built, net-zero energy residential homes over the course of a 7-to-10-year period in Seattle, WA and Portland, OR. A minimum of 25% of the homes in every project site will be reserved as affordable rentals to households earning 80% of area median income (AMI) over the life of the Company. A final disposition process will result in selling a minimum of 25% of the remaining portfolio into community land trusts, or similar model, to be held permanently affordable to households earning 80% of area median income.

“Ecotrust is delighted to be a shareholder in Green Canopy, Inc. The Team has been terrific and we look forward to seeing where they take walkable residential infill development in the years to come. Green building, along with regenerative farming and forestry, are promising potential ‘drawdown’ technologies that pull CO2 out of the atmosphere and help reverse the devastating trends of the Anthropocene,” says Spencer Beebe, Founder & Executive Chair of Ecotrust.

Green Canopy's Cedar is poised to act on this opportunity. The urban infill home-building market is a highly fragmented marketplace with hundreds of small, independent homebuilders in both the Seattle and Portland markets. The February 2017 McKinsey Global Institute report, Reinventing Construction: A Route to Higher Productivity, found that “$10 trillion (is) spent on construction-related goods and services every year. But the industry has an intractable productivity problem and ... an opportunity to boost value added by $1.6 trillion.” “Fragmented markets and inefficiency go hand in hand. Our team at Green Canopy has long been aware of these inefficiencies and has spent considerable amount of time developing the processes and systems to contain costs and scale,” says Aaron Fairchild, CEO of Green Canopy. He further adds, “This ability allows us to lean in further to our mission and bring to the market net-zero energy homes alongside affordable home ownership. As a for-profit company, this puts us in a unique position to not only drawdown carbon, but to also lift up our communities.”

Samantha Lamb, of Lake and Company Real Estate sees the company as an innovative leader.  “Green Canopy is indisputably one of the leaders in the Green Home movement in Seattle and beyond. It is founded by passionate people who truly want to make a difference in the world. They don't just go for minimal standards in Green Construction; they are actively educating the market and realtors about the benefits of building and buying Green,” says Lamb. As evidence of this, Green Canopy will amplify Cedar’s impact through an 18-member stakeholder group, calling it the Impact Collaborative. The Collaborative will bring greater transparency to Cedar – its processes, best practices and outcomes – then conduct research and broadly promote their findings and advocate for new and better approaches.  

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About Green Canopy
Green Canopy, Inc. runs a homebuilder, Green Canopy Homes, in Seattle and Portland whose mission is to inspire resource efficiency in residential markets. Green Canopy Homes began building in 2009 and has successfully sold over 125 third-party certified, green homes with over $80 million in gross revenues. Green Canopy Homes has highly developed home designs, project management processes, checklists, and systems of cost containment specific to the challenges and needs of building attractive, resource-efficient, micro-communities in walkable, urban places.
 
Contact: 
Aaron Fairchild, CEO
206.792.7281
aaron@greencanopy.com
 
Andy Wolverton, CFO
206.792.7287
andy@greencanopy.com

IMPACT INVESTING IN GREEN HOME DEVELOPMENT AIMS FOR PROFITABILITY ON A TRIPLE BOTTOM LINE

FOR IMMEDIATE RELEASE:

SEATTLE, Washington (December 22, 2015) – Green Canopy is excited to announce that we have eclipsed a major milestone with our second Impact Debt Fund. The Alder Fund is a Real Estate Impact Investment Fund that is managed by Green Canopy and designed to lend on the development of certified green and guaranteed efficient homes. It has now issued its last loan and will begin winding down – issuing distributions as loans repay over the next 6-9 months.

With the help of the Fund and all of its participants, Green Canopy completed 50 high efficiency homes across Seattle, reaping a total energy savings of 532,000 kWh per year.  “We have mitigated over a million pounds of carbon in the last two years by building Green Canopy homes. That’s the equivalent of planting nearly 30,000 trees every year,” says Sam Lai, the CMO of Green Canopy. “These are metrics that our investors look at when they consider putting their capital to work for a cause. Of course it is also about returns, but not just so.”

The Alder Fund launched in October of 2013 with $7.7MM. Of the 50 Green Canopy homes that were built, nearly 25% of them were sold at price points below $450k in an effort to attract middle and lower income buyers in the Seattle market. These pricing targets were set by Washington State Housing Finance Commission, who partnered on several projects with Green Canopy with the hopes of providing green and energy efficient homes to buyers who also qualify for the Commission’s down payment assistance programs.

“This Fund, which eventually lent over $29MM for the completion of 50 homes, has been especially prosperous, and is an indicator of what mission aligned and market driven capital can accomplish,” said Andy Wolverton, the Fund’s manager and CFO of Green Canopy Homes. “The Alder Fund’s success is certainly reflected in our triple bottom line – and brings more than just monetary returns to our investors.”

The return profile for the Alder Fund is 9-12% annualized - and so far it is on target to achieve that goal. Over 50% of the investors have reinvested in the Birch Fund, Green Canopy’s third Impact Investment Fund which began raising capital this summer. The Birch Fund is targeting a total raise of $20MM and hopes to increase the number of affordable homes for sale here in Seattle and in Portland.

FOR MORE INFORMATION PLEASE CONTACT:
Andy Wolverton
andy@greencanopy.com
O) 206.792.7283