Benning Market

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $16,646,884

IMPACT

  • 64 FTE jobs
  • 12 construction jobs
  • In addition to job creation, the project targets 50% of jobs to Low-Income Persons or residents of Low-Income communities by partnering with local organizations and other training institutions to identify, recruit for employment and provide training to lower income individuals.

Investor

Project Description

2 buildings of multi-tenanted spaces including retail market space, light industrial, office and community facility healthcare space

MAP

Address: 3443 and 3451 Benning Road Northeast, Washington, DC 20019

Census Tract: 11001009604

Other District of Columbia Projects

Mixed use facility including a children's hospital, school and early childhood agency services to low-income people.
Town Hall Education Arts Recreation Campus was developed by a nonprofit called Building Bridges Across the River to address the economic, academic and social challenges facing families living east of
Financing for an early childhood center educating nearly 100 infants, toddlers and preschoolers whose families are living in crisis shelters or in transitional housing.
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.