Howard University Center of Excellence in Housing and Urban Research and Policy

Washington,
DC
(2023)

Howard University Center of Excellence in Housing and Urban Research and Policy

College or Vocational Training, Community

NMTC financing helped Howard University generate $15.5 million in working capital to help fund scholarships and housing research.

Investment

NMTC Amount: $13,500,000
Total Project Cost: $15,500,000

IMPACT

Millions for scholarships and assistance

CDEs

DC Housing Enterprises

NMTC financing helped Howard University’s Center of Excellence in Housing and Urban Research and Policy (CHURP) generate $15.5 million in working capital to help fund scholarships and housing research. The project includes $1.9 million for a scholarship fund supporting up to 40 students and $4.2 million in additional tuition assistance for low-income students, among other initiatives.

According to the Washington Business Journal:

Another $400,000 would be used to recruit students from other departments to join the CHURP research teams learning to implement new data science, and could then in turn intern at D.C. Housing or similar organizations.

Howard University, meanwhile, is arranging for about $5.1 million to be directed to helping students and prospective students, many of whom are the first in their families to attend college, navigate the college’s enrollment process and financial requirements. It will also provide $4.2 million in scholarships for about 3,200 low-income students and another $900,000 for mentoring support and tutoring, according to a DCHE.

MAP

Address: 4th and College Streets, NW, Washington, DC 20059

Other District of Columbia Projects

THEARC Phase III/Children’s National Medical Center

Washington,
DC
(2018)

Community, Healthcare, Hospitals and Emergency Services, Schools, Theaters and Performing Arts Spaces

CDE(s): Enterprise Community Partners

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

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.

Bright Beginnings Daycare

Washington,
DC
(2016)

Behavioral Health, Community, Daycare and Early Childhood, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): City First

Financing for an early childhood center educating nearly 100 infants, toddlers and preschoolers whose families are living in crisis shelters or in transitional housing.

Latin American Montessori Bilingual Public Charter School

Washington,
DC
(2008)

Community, Schools, Targeted Populations

CDE(s): Bank of America

When the Latin American Montessori Bilingual Charter School in Washington, DC embarked on a project to renovate its new facility, NMTC financing helped the school finance energy efficiency measures that