William A. Liggins, Director DC Revenue Bond & Enterprise Zone Program Office of the Deputy Mayor for Planning and Economic Development 1100 4th Street, S.W., Suite E500, Washington, D.C. 20024 202-724-6199 202-724-9007 (Fax) www.dcbiz.dc.gov

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.

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.

Revenue Bond Timeline

Fiscal Year 2012 Revenue Bond Deals Clients Type Amount Issued Closing Date Purpose Association of American Medical Colleges Association $109,335,000 11/2/2011 Acquisition/Refi/ Construction Options PCS Education $10,642,000 11/18/2011 Refunding/Refinance Hillel Cultural $7,000,000 12/7/2011 Modification/ Conversion EL Haynes PCS $13,350,000 2/22/2012 Construction/ Renovation Washington Yu Ying PCS $10,275,000 2/23/2012 Acquisition and Renovation Kingsbury Center $11,000,000 4/2/2012 Refunding and Renovation Georgetown Day School $30,200,000 4/4/2012 American Society of Hematology $33,155,000 5/2/2012 DC Consortium Bond $15,150,000 6/1/2012 American Education Research Association $6,900,000 8/17/2012 Refunding Gonzaga High School $12,000,000 8/31/2012 Council on Foreign Relations $62,680,000 9/4/2012 Total FY 2012 Deals $321,687,000

Fiscal Year 2013(To-date) Revenue Bond Deals Clients Type Amount Issued Closing Date Purpose Wesley Theological Seminary Education $19,615,000 10/1/2012 Ref/Refi/Renovation John F. Kennedy Center Cultural $26,400,000 Conversion Friendship Public Charter School $35,780,000 10/30/2012 Phllips Collection $12,465,000 11/1/2012 Howard Road Academy PCS $4,400,000 11/30/2012 National Academy of Sciences Scientific $118,445,000 12/3/2012 Edmund Burke $13,000,000 2/1/2013 Provident Resources - Howard University Student Housing $107,965,000 2/14/2013 New Construction Association of American Medical Colleges Association $42,385,000 2/28/2013 Field School $31,235,000 3/18/2013 Construction/Renovation Lowell School $15,000,000 4/1/2013 Construction/ Refinance National Public Radio (NPR) $87,430,000 5/2/2013 Refunding Center for Global Development $13,360,000 6/3/2013 Acquisition/Renovation Independent Sector $11,600,000 6/4/2013 Two Rivers Public Charter School $14,500,000 6/7/2013 Refi/Revovation Total FY 2013 Deals $553,620,000

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

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

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

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

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

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

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

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

Sibley Memorial Hospital 5255 Loughboro Road, NW 2009 Bond Issuance: $63,000,000

(Community Capital Corporation) 1100 Harvard Street, NW $9,300,000 Carlos Rosario Public Charter School (Community Capital Corporation) 1100 Harvard Street, NW $9,300,000

Georgetown University 39th & O Streets NW 2009 Bond Issuance: $121,000,000

The End For any questions, comments, or concerns my contact information is listed below: Gregory Johnson, Project Manager DC Revenue Bond & Enterprise Zone Program Office of the Deputy Mayor for Planning and Economic Development 1100 4th Street, S.W., Suite E500, Washington, DC 20024 202-724-7299 202-724-9007 (Fax) gregory.johnson2@dc.gov