EagleBank is providing the construction loan for the project. Dantes Partners and The Community Builders have lined up construction financing from EagleBank backing a fully-affordable community in Washington, D.C.
EagleBank provided $25,000,000 in construction financing to The Community Builders (TCB) and Dantes Partners for a 142-unit “100% affordable” multifamily project located at 610 Park Road, NW, Washington, DC – part of the larger Park Morton and Bruce Monroe redevelopment plan to transform a 174-unit public housing property into a mixed-income.