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

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

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William a liggins director dc revenue bond enterprise zone program

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

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

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

Revenue Bond Timeline


Fiscal year 2013 revenue bond deals

Fiscal Year 2013 Revenue Bond Deals


Fiscal year 2014 to date revenue bond deals

Fiscal Year 2014(To-date) Revenue Bond Deals


1329 kenilworth ave

1329 Kenilworth Ave

1329 Kenilworth Ave., NE

2004 Bond Issuance: $2,800,000


Nja hotel

NJA Hotel

140 L Street, SE

2005 Bond Issuance: $15,000,000


John f kennedy center for the performing arts

John F. Kennedy Center for the Performing Arts

New Hampshire Ave. and F Streets, NW

2008 Bond Issuance: $30,700,000


Children s hospital

Children’s Hospital

111 Michigan Ave., NW

2008 Bond Issuance: $250,000,000


The brookings institution

The Brookings Institution

1775 Massachusetts Ave, NW

2008 Bond Issuance: $40,000,000


E l haynes pcs

E.L. Haynes PCS

3600 Georgia Avenue, NW

2008 Bond Issuance: $1,510,000


The river school

The River School

4880 MacArthur Boulevard NW

2010 Bond Issuance: $4,000,000


William a liggins director dc revenue bond enterprise zone program

UNCF

1815 7th Street, NW

2011 Bond Issuance: $26,000,000


American society of hematology

American Society of Hematology

1900 M Street, NW

2012 Bond Issuance: $33,965,000


William a liggins director dc revenue bond enterprise zone program

NPR – National Public Radio

1111 North Capitol Street, N.E., 2013 Bond Issuance: $87,430,000


Mundo verde pcs

Mundo Verde PCS

44 P Street NW

2014 Bond Issuance: $11,480,000


Association of american medical colleges before

Association of American Medical Colleges – (before)

655 K St NW,


Association of american medical colleges after

Association of American Medical Colleges – (after)

655 K St NW,

2011 & 2012 Bond Issuances $154,875,000


Thank you

Thank you!!

  • For any questions, comments, or concerns my contact information is listed below:

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, DC 20024

202-724-6199 202-724-9007 (Fax)

[email protected]


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