Community of Hope

Finance the rehabilitation, construction and development of the approximately 22,511 sq. ft. Community of Hope Family Health and Birth Center.

Investment

  • NMTC Amount: $20,600,000
  • Total Project Cost: $20,803,144

IMPACT

  • 40 FTE jobs
  • 100 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 22,511 sq. ft. of real estate

Investor

Project Description

Finance the rehabilitation, construction and development of the approximately 22,511 sq. ft. Community of Hope Family Health and Birth Center. Community of Hope, Inc. currently operates its Family Health and Birth Center / FQHC in a leased space. The owner has sold the property to a developer and has terminated COH’s lease. In order to continue providing services, COH purchased a property that will be converted to a new multi-use medical facility that will serve as Family Health and Birth Center’s new location. Upon completion, the project will include: primary care/medical care, a free-standing birth center, behavioral health services, a pharmacy, supportive services for patients, and offices for COH staff.

MAP

Address: 2120 Bladensburg Road Northeast, Washington, DC 20018

Census Tract: 11001011100

Other District of Columbia Projects

DC Housing Enterprises (DCHE) and co-allocatee City First provided $26 million in NMTC financing for the new BFC Southeast Center. The facility meets several community development and economic priorities.
The Bowen YMCA began a redevelopment project to turn it's dilapidated building into a modern, mixed-use facility featuring 170 residential units, retail space and underground parking.
The continued construction of 85M sq. ft. of pharmacy, FQHC and education space.
Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes