The Beacon Center

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

Investment

  • NMTC Amount: $7,500,000
  • Total Project Cost: $9,302,091

IMPACT

  • 45 FTE jobs
  • 32 construction jobs
  • 50,000 sq. ft. of real estate

CDEs

Investor

Project Description

50,000 sq. ft. redevelopment of a church community facility, office and program space, and neighborhood retail. The project will deliver 99 housing units, with 91 of the units reserved for low-income tenants making 60 percent or less than the area’s median income. The remaining eight units are permanent supportive housing for the formerly homeless.

MAP

Address: 6100 Georgia Avenue, Northwest, Washington, DC 20011

Census Tract: 11001001804

Other District of Columbia Projects

Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes
A 111,293 sq. ft. commercial development in the Congress Heights neighborhood in southeast Washington, DC.
NMTC financing supported the construction of the KIPP DC Hamilton Campus, adjacent to Union Market and Gallaudet University.
Financing for the construction of the 45,000 sq. ft. facility for E.L. Haynes