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DC Prep

DC Prep

Type

Education

Location

Washington, DC

Est. Project Cost

$26.2 million

Size

50,000 SF

Public Financing

New Markets Tax Credit

Sponsor

DC Prep

Private Financing

Debt

Charter School Renovation and Expansion

DC Prep, Washington DC’s highest-performing public charter network, renovated a former Catholic school into a 50,000 square foot elementary campus. The $26.2 million project features classrooms, a gymnasium, and a library to support high-quality education in an underserved neighborhood. Monge Capital arranged NMTC financing to ensure the long-term success of this student-centered educational environment.

Estimated Economic and Social Impact

Serves more than 450 students and employs more than 65 teachers and staff.

Project Gallery