E.L. Haynes Public Charter School

Washington,
DC
(2019)

E.L. Haynes Public Charter School

Community, FQHCs, Healthcare, Mixed-use, Schools

Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes

Investment

NMTC Amount: $22,011,021
Total Project Cost: $26,000,000

IMPACT

73 FTE jobs
50 construction jobs
Project includes a Federally Qualified Health Center.
45,000 sq. ft. of real estate

CDEs

Chase, City First

Investor

Chase

Project Description

In 2008, BlueHub Capital, formerly known as Boston Community Capital, led a syndicate of lenders to finance the construction of the 45,000 sq. ft. facility for E. L. Haynes Public Charter School, a school that had previously housed all of its activity in various temporary sites. E. L. Hayes Public Charter School is open year round and offers more than 1,000 education hours beyond the national requirements for schools through before and after-school programs, as well as intersession series.

The school is seeing results; in two years, there was a 21% gain in reading levels and 37% gain in math scores. BlueHub Capital partnered with NCB Capital Impact, New Jersey Community Capital, The Reinvestment Fund and Partners for the Common Good to make a $10.5 million New Markets Tax Credit leverage loan to E. L. Haynes. Head of School Jennie Niles remarks that the other lending institutions that she went to were just not up to the job; BlueHub Capital, she says, ‘saved the day.’

MAP

Address: 3600 Georgia Avenue, Northwest, Washington, DC 20010

Census Tract: 11001003100

Other District of Columbia Projects

Early Childhood Academy

Washington,
DC
(2018)

Community, Daycare and Early Childhood, Schools, Youth and Families

CDE(s): City First, DC Housing Enterprises

The acquisition, redevelopment and expansion of the vacant former Anna Johenning Baptist Church building will transition into the 300 student campus for Early Children Education Center.

MLKG2

Washington ,
DC
(2021)

College or Vocational Training, Historic Rehabilitation, Nonprofit Hub, Retail

CDE(s): Chase, Harbor Bankshares Corporation, National Community Investment Fund

Finance the adaptive reuse of two structures and the new construction of an office building containing approximately 61,000 sq. ft. of office and ground floor retail space, a roof terrace,

Whitman-Walker’s Max Robinson Center

Washington,
DC
(2023)

Adult Education, College or Vocational Training, Community, FQHCs

CDE(s): Capital Impact Partners, Chase, DC Housing Enterprises, Industrial Bank, Jubilee Manna

The continued construction of 85M sq. ft. of pharmacy, FQHC and education space.

Educare DC

Washington,
DC
(2012)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): DC Housing Enterprises, USBCDE

An innovative state-of-the-art pre-school offering early childhood educational programs supported by Head Start.