2006 – Fourth Quarter Investments

1314 K Street Tenant’s Association: $700,000 acquisition loan to the 1314 K Street Tenant Association for the purchase of their 12 unit apartment building.

East of the River CDC: $1 million acquisition loan for the 40 unit apartment building on Jasper Place, SE in Congress Heights.

Mary Church Terrell House: $35,000 grant to support the restoration of the Mary Church Terrell House in Ledroit Park.

ONE DC: $30,000 operating support grant and $25,000 grant to support predevelopment activities at 1744 7th Street NW Park Road Community Church/

DCCH: $75,000 predevelopment loan for the renovation of an eight unit apartment building in Columbia Heights

So Others Might Eat: $850,000 acquisition loan for the purchase of a 10 unit property at 740 Barnaby Place SE in Washington Highlands.