2005 – 3rd and 4th Quarter Investments

African Heritage Dancers and Drummers: $10,800 grant for their 2005 Summer Enrichment program

Bright Beginnings: $20,000 grant for a new security system and to rubberize their playground

Brightwood Tenants Association: $20,000 recoverable grant for an earnest money deposit for the purchase of their building at 931 Longfellow Rd NW

Capital Area Food Bank: $1.5 million loan for the purchase and renovation of their new facility at 4900 Puerto Rico Ave NE in Brookland

Open Arms Housing: $800,000 loan for the renovation of the vacant Dunbar Apartments at 57 O Street NW into 16 units of housing for homeless women with mental illness

Manna, Inc: $800,000 construction loan for the condominiums being developed at
1441 Spring Rd. NW

Manna, Inc: $780,000 loan for acquisition and renovation of 1390 Bryant Street NE, a 12 unit building in Brentwood

Mi Casa: $100,000 predevelopment loan for various tenant purchase projects including 1630 Irving St. NW

Nation’s Capital Child and Family Development: $1.2 Million loan to reduce outstanding debt on the Carver Terrace Early Childhood Development Center

Washington Parks and People: $150,000 loan for predevelopment,design and interim repairs to the Josephine Butler Parks Center in Columbia Heights