DC Prep 1

New Markets Tax Credit Coalition

Washington,
DC
(2014)

DC Prep 1

Community, Schools

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.

MAP

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

Census Tract: 11001009603

Other District of Columbia Projects

Bread for the City

Washington,
DC
(2009)

Community, Dental Services, FQHCs, Healthcare, Shelters and Community Food

CDE(s): City First

In October 2010, Bread for the City began construction of an 18,000 sq. ft. addition on the parking lot next to the existing facility and completed substantial renovations to the