DC Green Bank

Sandy Paik

Sandy Paik is the General Counsel of DC Green Bank, which was created in 2018 by the District of Columbia Green Finance Authority Establishment Act to accelerate energy efficiency improvements and the deployment of clean energy technology by leveraging private investment, removing up-front costs, and increasing the efficiency of public dollars.  Washington, DC is the first city in the United States to establish a green bank. DC Green Bank leverages public purpose funding to attract private capital to: create jobs and spur economic growth; meet the District’s sustainability and resilience goals; reduce carbon emissions and install clean energy systems; reduce residents’ utility costs; and improve infrastructure resilience.

Prior to joining the start-up team at DC Green Bank, Sandy was an Associate General Counsel at Freddie Mac, a government-sponsored enterprise chartered by Congress in 1970 that makes home possible for homebuyers, homeowners and renters nationwide by providing liquidity, stability, and affordability to the U.S. housing market, where she was a member of the Structured Affordable and Targeted Affordable Housing teams in Freddie Legal Division’s Multifamily Real Estate Department, providing legal advice on structured affordable and targeted affordable housing transactions. While at Freddie Mac, Sandy led a team to launch a social impact communications platform for the Legal Division to support the award-winning activities of the Division’s Community Service Council, Diversity, Equity & Inclusion Council and Pro Bono Council.

Sandy began her legal career in 2003, primarily focused on affordable housing and K-12 public education, at Reese and Carney (now known as Carney, Kelehan, Bresler, Bennett & Scherr), a regional Maryland law firm.  She subsequently focused her practice on affordable housing, community development, real estate transactions and commercial finance in the DC offices of Katten Muchin Rosenman, a Chicago-headquartered law firm, and Goulston & Storrs, a Boston-based law firm.

She transitioned to an in-house legal role at InSite Wireless Group, LLC, an entrepreneurial privately-held wireless infrastructure company headquartered in Alexandria, VA, that develops, constructs and operates wireless infrastructure (i.e., cell towers and distributed antenna systems) domestically and internationally, where she provided legal advice on various complex and commercial transactions including real estate, structured finance, and distributed antenna systems.  Prior to joining Freddie Mac, Sandy was the Director of Legal Affairs at Willco, a commercial real estate company, where she oversaw the provision, supervision, and coordination of legal advice for all aspects of operations to Willco and its affiliated companies. Prior to practicing law, Sandy served as the Director of Education Programs at Poverty & Race Research Action Council and as a legal assistant to the Director of the Skadden Fellowship Foundation.

Throughout her legal career, Sandy has been actively engaged in advancing diversity efforts, community service and pro bono service.  She has provided direct legal services to individuals as well as nonprofits engaged in education, community development, sustainability, and equitable food access.  She is a Fellow of the Leadership Council on Legal Diversity. Sandy currently serves on the Board of Directors of Arcadia Farm, on the Diversity, Equity & Inclusion Forum Associate of Corporate Counsel National Capital Region (ACC NCR), and as Steering Committee Co-Chair of ACC NCR Leadership Academy. She has provided pro bono counsel to support the launch of the Mid-Atlantic Food Resilience & Access Coalition, a COVID-responsive effort to focus on building regional food system resilience and food security.  She has previously served on the Board of Trustees at Montessori School of Northern Virginia, serving as its Treasurer and Finance Committee Chair, and subsequently as Facilities Chair, providing planning and oversight throughout a major capital project.

Sandy obtained her J.D. from Georgetown University Law Center in 2003.  She received a B.A. in History from Tufts University and an A.M. in Policy Analysis and Evaluation from Stanford University School of Education.