New Markets Tax Credit Coalition

  • Washington,
  • DC
  • (2014)

DC Prep 1

District: Eleanor Holmes Norton (D-DC00)

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

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Investor

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.

MAP

Address: 100 41st Street Northeast, Washington, DC 20019

Census Tract: 11001009603

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