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William A. Liggins, Director DC Revenue Bond & Enterprise Zone Program

William A. Liggins, Director DC Revenue Bond & Enterprise Zone Program 1350 Pennsylvania Ave NW, Ste 317 Washington, D.C. 20036 202-727-6365 202-724-9007 (Fax) www.dcbiz.dc.gov. What is the Revenue Bond/Enterprise Zone Program?.

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William A. Liggins, Director DC Revenue Bond & Enterprise Zone Program

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  1. William A. Liggins, Director DC Revenue Bond & Enterprise Zone Program 1350 Pennsylvania Ave NW, Ste 317 Washington, D.C. 20036 202-727-6365 202-724-9007 (Fax) www.dcbiz.dc.gov

  2. What is the Revenue Bond/Enterprise Zone Program? The District of Columbia Revenue Bond Program provides below market interest rate loans to help lower the cost of funds available for capital projects. These bonds are used to finance a wide variety of projects including: health care, housing, transit and utility facilities, recreational facilities, health facilities, manufacturing, sports, convention and entertainment facilities, elementary, secondary, college, and university facilities, student loan programs, pollution control facilities, and industrial and commercial development.

  3. Bond Issuance • Program funds are generated through the issuance and sale of District of Columbia revenue bonds, notes, or other obligations. • Proceeds from the sale of tax-exempt issuances may be used to finance, refinance and reimburse costs of acquiring, constructing, restoring, rehabilitating, expanding, improving, equipping and furnishing real property and related and subordinate facilities. • Limitations may apply to the use of bond proceeds for the acquisition of land and the purchase of existing property, depending on the location of the site and the type of applicant.

  4. 1329 Kenilworth Ave 1329 Kenilworth Ave., NE 2004 Bond Issuance: $2,800,000

  5. NJA Hotel 140 L Street, SE 2005 Bond Issuance: $15,000,000

  6. John F. Kennedy Center for the Performing Arts New Hampshire Ave. and F Streets, NW 2008 Bond Issuance: $30,700,000

  7. Georgetown University 39th & O Streets NW2009 Bond Issuance: $121,000,000

  8. Sibley Memorial Hospital 5255 Loughboro Road, NW2009 Bond Issuance: $63,000,000

  9. American Society of Hematology 1900 M Street, NW 2008 Bond Issuance: $33,965,000

  10. National Academy of Sciences 500 Fifth St., NW 2008 Bond Issuance: $57,500,000

  11. E.L. Haynes PCS 3600 Georgia Avenue, NW 2008 Bond Issuance: $1,510,000

  12. The Brookings Institution 1775 Massachusetts Ave, NW 2008 Bond Issuance: $40,000,000

  13. Children’s Hospital 111 Michigan Ave., NW 2008 Bond Issuance: $250,000,000

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