DC Prep 1

Washington, DC (2014)

DC Prep 1

Community, Schools

District:

By transforming a deserted block of former warehouses in Ward 5 into an award-winning elementary and middle school, and a former DCPS facility into a state-of-the-art learning space in Ward 7, DC Prep helped change the face of education in the District.

Investment

NMTC Amount: $28,950,000
Total Project Cost: $28,950,000

IMPACT

40 FTE jobs
115 construction jobs

CDEs

Bank of America, City First, Low Income Investment Fund, Telesis CDE Corporation

Investor

Bank of America

Project Description

By transforming a deserted block of former warehouses in Ward 5 into an award-winning elementary and middle school, and a former DCPS facility into a state-of-the-art learning space in Ward 7, DC Prep helped change the face of education in the District.