Mary Center

New Markets Tax Credit Coalition

Washington,
DC
(2011)

Mary Center

Behavioral Health, Community, Daycare and Early Childhood, FQHCs, Healthcare, Youth and Families

NMTC financing helped Mary's Center expand its coverage and partner with local hospitals in programming.

Investment

NMTC Amount: $19,600,000
Total Project Cost: $19,600,000

IMPACT

40 FTE jobs
575 construction jobs
1,600 patients served
Project includes a Federally Qualified Health Center.

CDEs

City First

Investor

US Bank

Project Description

Mary’s Center for Maternal and Child Care addresses healthcare as a holistic process, involving not just medical needs, but also the needs of patient education and social services. Through a New Markets Tax Credit deal, BlueHub Capital, formerly known as Boston Community Capital, helped Mary’s Center expand its coverage and partner with local hospitals in programming. The organization’ COO, David Tatro, says, ‘97% of the patients who come to Mary’s Center would not receive the kind of care that they receive if we didn’t have good financial institutions willing to invest in us.” BlueHub Capital, Tatro concludes, “has made a huge difference.’

MAP

Address: 3912 Georgia Avenue Northwest, Washington, DC 20011

Census Tract: 11001002502

PDF Profile

Other District of Columbia Projects

The Beacon Center

Washington,
DC
(2016)

Community, Housing, Mixed-use, Retail, Supportive Housing

50,000 sq. ft. redevelopment of a church community facility, office and program space, and neighborhood retail.

Martha’s Table

Washington,
DC
(2017)

Adult Education, Behavioral Health, College or Vocational Training, Community, Daycare and Early Childhood, FQHCs, Healthcare, Shelters and Community Food, Youth and Families

CDE(s): Capital Impact Partners, City First, Corporation for Supportive Housing, Local Initiatives Support Corporation, Morgan Stanley

New headquarters for a social service organization offering early childhood education, youth and parent engagement programs, healthy food, and other services. Also located on site - The Commons, Community Of

Capital Area Food Bank

Washington,
DC
(2010)

Community, Manufacturing, Shelters and Community Food, Warehouse and Wholesale

CDE(s): City First, Enhanced Capital

Financing for a food Distribution Center for a nonprofit hunger relief organization.

Ontario Court

Washington,
DC
(2007)

Affordable Housing, Community, Daycare and Early Childhood, Housing, Mixed-use, Youth and Families

CDE(s): Enterprise Community Partners

Ontario Court is the rehabilitation of an 85-year old, three-story building in the Adams Morgan neighborhood of Washington, D.C., into a mixed-use facility serving low- and moderate-income residents.