New Markets Tax Credit Coalition

Ontario Court

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.

Investment

  • NMTC Amount: $8,655,400
  • Total Project Cost: $8,844,400

IMPACT

  • 20 FTE jobs
  • 36 construction jobs
  • 113,600 sq. ft. of real estate

Investor

Project Description

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. The “near-gut-rehab” renovation preserves 27 units of affordable housing in the gentrifying neighborhood, and creates 4,000 sq. ft. of commercial space to house the new Jubilee JumpStart Early Childhood Development Center. Completed in 2009, the building houses six one-bedroom units, 18 two-bedroom units and three units with three bedrooms. A new laundry facility for the residents has been added to the building’s basement. Unit renovations also include new mechanical, electrical and plumbing systems; installation of new security systems; and air conditioning.

MAP

Address: 2525 Ontario Road Northwest, Washington, DC 20009

Census Tract: 11001003800

PDF Profile

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