2005 – First Quarter Investments

*Ventures in Faith: $100,000 predevelopment loan for the development of a 15 to 18 unit apartment building for senior citizens located in Lincoln Park.

*Open Arms Housing: $50,000 grant for project management costs associated with the renovation of the 16 unit Dunbar Apartments at 57 O Street NW into low barrier housing for homeless women.

GALA Hispanic Theatre: $40,000 grant for two new part time staff positions as they expand and transition operations to the Tivoli Theatre.

*Family and Child Services: $10,000 for the Board and Staff to participate in their strategic planning.

Mi Casa: $20,000 grant for 2005 rent and new computer software as they move to their new office space in the Park Manor neighborhood.

Dance Institute of Washington: $30,000 grant for operations as they continue to develop their new Performing Arts and Childcare Center in Columbia Heights.

* New Partner for Washington DC LISC