Anacostia River

The Sharing the Power Foundation Announces 2023 Grant Award Winners

Retrieved on: 
Monday, January 15, 2024

WASHINGTON, Jan. 15, 2024 /PRNewswire/ -- The Sharing the Power Foundation (www.sharingthepower.org) has announced its 2023 Grant Award Winners. The foundation was established in 2021 to offer financial assistance to organizations that serve historically underserved urban and rural communities through programs that support their immediate needs and produce opportunities to participate meaningfully in the benefits of the clean energy economy. The foundation's mission is focused primarily on: environmental health and justice, access to affordable clean energy, and creating and supporting opportunities to work in the clean energy sector.

Key Points: 
  • WASHINGTON, Jan. 15, 2024 /PRNewswire/ -- The Sharing the Power Foundation ( www.sharingthepower.org ) has announced its 2023 Grant Award Winners.
  • "The Sharing the Power Foundation fills an important need in our community by advancing environmental justice and an inclusive clean energy future.
  • Sharing the Power Foundation is funded primarily through the Volt Energy Utility Environmental Justice Power Purchase Agreement (EJPPA), a financial instrument used to develop utility-scale solar projects.
  • Volt Energy Utility and its corporate partners agree on a percentage of revenue produced by their solar projects, through the EJPPA, that will be forwarded to the Sharing the Power Foundation.

Oxford Capital Group, LLC Announces Long-Term Lease & Management Agreement for The Thompson Washington D.C. With Germany's Union Investment

Retrieved on: 
Wednesday, August 2, 2023

CHICAGO, Aug. 2, 2023 /PRNewswire/ -- Oxford Capital Group, LLC announces a new long-term lease of the 225-room, luxury lifestyle hotel Thompson Washington D.C. (221 Tingey Street SE), located in the city's historic Navy Yard with the owner of the property, Germany's Union Investment. Oxford Capital Group's wholly owned affiliate, Oxford Hotels & Resorts, LLC has taken over management of the hotel. Thompson Washington D.C joins Oxford's rapidly growing national luxury lifestyle-hotel portfolio, which includes Thompson Chicago, Godfrey Hotels in Chicago, Boston, Tampa, Hollywood and Detroit; LondonHouse Hotel Chicago; Le Méridien Essex Chicago; The Versey; The Julian; The Porter Hotel Portland; and many others.

Key Points: 
  • CHICAGO, Aug. 2, 2023 /PRNewswire/ -- Oxford Capital Group, LLC announces a new long-term lease of the 225-room, luxury lifestyle hotel Thompson Washington D.C. (221 Tingey Street SE), located in the city's historic Navy Yard with the owner of the property, Germany's Union Investment.
  • Oxford Capital Group's wholly owned affiliate, Oxford Hotels & Resorts, LLC has taken over management of the hotel.
  • "The Thompson Washington D.C. has an excellent location, is thoughtfully programmed, and has distinctive architecture and interior design.
  • Brad Mulvihill, Chief Development Officer of Oxford Capital Group, LLC added, "We are confident that Oxford's comprehensive management approach will allow this beautiful property to achieve its full potential."

Arctaris Impact Celebrates Opening of $152M Opportunity Zone Project in D.C.’s Ward 7

Retrieved on: 
Thursday, July 27, 2023

Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce the completion of Northeast Heights, a new Qualified Opportunity Zone multi-use development located in Ward 7 of Washington, D.C.

Key Points: 
  • Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce the completion of Northeast Heights, a new Qualified Opportunity Zone multi-use development located in Ward 7 of Washington, D.C.
  • “Arctaris is proud to be part of the coalition led by Mayor Bowser, combining forces with like-minded, community-oriented investors to help bring new vitality and economic activity into Ward 7,” said Ben Bornstein, Managing Director of Arctaris Impact.
  • ERIE and Arctaris have partnered together to invest in projects in Baltimore, Pittsburgh, Washington, D.C., and in the company’s hometown of Erie, Pennsylvania.
  • “When our team considers social impact investment opportunities, we specifically look for projects that align closely with our company’s values built on dignity and respect.

Earth Day Electric School Bus Tour to be Hosted by GWRCCC, K. Neal Truck & Bus Center & GreenPower Motor Company

Retrieved on: 
Wednesday, April 19, 2023

WASHINGTON, April 19, 2023 /PRNewswire/ -- The Greater Washington Region Clean Cities Coalition (GWRCCC), K. Neal Truck and Bus Center (K. Neal) and GreenPower Motor Company will host an Earth Day Electric School Bus Tour on April 22 from 9:30 AM-3:00 PM in partnership with multiple Earth Day community events across Washington, DC.

Key Points: 
  • WASHINGTON, April 19, 2023 /PRNewswire/ -- The Greater Washington Region Clean Cities Coalition (GWRCCC), K. Neal Truck and Bus Center (K. Neal) and GreenPower Motor Company will host an Earth Day Electric School Bus Tour on April 22 from 9:30 AM-3:00 PM in partnership with multiple Earth Day community events across Washington, DC.
  • Electric School Buses cut school bus diesel emissions completely, protecting the health of our children, our communities, and the planet.
  • The Earth Day Electric School Bus Tour provides an opportunity for DC residents and Clean Up attendees to learn about these clean school bus transition opportunities while touring the 20-seater bus.
  • If you would like to volunteer to participate in the Earth Day Electric School Bus Tour, register here.

The MLK Gateway Project, home of Enlightened InC., Awarded Excellence in Historic Preservation for Design and Construction

Retrieved on: 
Tuesday, December 6, 2022

WASHINGTON, Dec. 6, 2022 /PRNewswire/ -- The MLK Gateway Project, home of Enlightened Inc.("Enlightened"), was awarded the 2022 District of Columbia Award for Excellence in Historic Preservation for Design and Construction for the MLK Gateway Project in the Anacostia neighborhood.

Key Points: 
  • WASHINGTON, Dec. 6, 2022 /PRNewswire/ -- The MLK Gateway Project, home of Enlightened Inc.("Enlightened"), was awarded the 2022 District of Columbia Award for Excellence in Historic Preservation for Design and Construction for the MLK Gateway Project in the Anacostia neighborhood.
  • The DC Preservation League presented the award to Enlightened as well as co-developer, The Menkiti Group.
  • The MLK Gateway Project, located on the 1200 block of Good Hope Road in Southeast Washington, DC, preserved many of the original storefronts and brickwork.
  • Enlightened has become the largest private technology employer to move east of the Anacostia River in four decades.

National Links Trust Installs State-of-the-Art Toptracer Technology

Retrieved on: 
Monday, June 20, 2022

WASHINGTON, June 20, 2022 /PRNewswire/ -- The summer of 2020 marked the rebirth of Washington D.C. municipal golf courses, when National Links Trust signed a 50-year lease with the National Parks Service to restore and rehabilitate three historic facilitates in the nation's capital: Rock Creek Park Golf, Langston Golf Course, and East Potomac Golf Links. Today, National Links Trust unveiled the installation of Toptracer Range in 35 bays at Langston Golf Course's driving range, reinforcing its mission to make golf more entertaining, engaging, accessible, and affordable, while preserving the site's historic architecture.

Key Points: 
  • Today, National Links Trust unveiled the installation of Toptracer Range in 35 bays at Langston Golf Course's driving range, reinforcing its mission to make golf more entertaining, engaging, accessible, and affordable, while preserving the site's historic architecture.
  • "Today is just one of many steps that we will take as we revitalize these three tradition-rich facilities here in Washington, D.C.," said National Links Trust Co-Founder Will Smith.
  • "We're proud to partner with National Links Trust and Troon to bring Toptracer technology to these three golf courses that are incredibly rich in history and architecture, with a true commitment to make the game more accessible to the masses,"said Ben Sharpe, Toptracer President.
  • In June 2020, Troon partnered with National Links Trust to manage the operations for the three Washington, D.C. municipalities.

Corvias Exceeds Economic Impact and Community Engagement Goals

Retrieved on: 
Tuesday, June 14, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220614005778/en/
    Corvias has supported more than 250 green infrastructure projects across more than 50 local municipalities nationwide.
  • (Photo: Business Wire)
    Reporting from first quarter 2022 reflects current performance of:
    4,000+ impervious acres treated to manage runoff that otherwise could have polluted streams, wetlands, lakes and the Chesapeake Bay.
  • $175 million in subcontracts to qualified local and disadvantaged, minority business enterprises.
  • To date, Corvias has supported more than 250 green infrastructure projects across more than 50 local municipalities nationwide, Kerachsky said.

EDENBRIDGE HEALTH AND ELEMENT CARE SELECTED TO DEVELOP NEW PACE PROGRAM IN WASHINGTON, D.C.

Retrieved on: 
Tuesday, April 19, 2022

BOSTON, April 19, 2022 /PRNewswire/ -- Edenbridge Health and Element Care announced today that the two organizations have been selected in a competitive review process to develop a PACE (Program of All-Inclusive Care for the Elderly) center in Washington, D.C. The new program, which will be called Edenbridge PACE at Skyland, will serve frail older adults residing in Wards 7 and 8. The new PACE program is co-owned by Edenbridge Health and Element Care, a leading non-profit PACE operator based in Lynn, Massachusetts.

Key Points: 
  • Edenbridge PACE at Skyland Town Center to Deliver Comprehensive, Top-Quality Health Care to Older Adults in Wards 7&8
    BOSTON, April 19, 2022 /PRNewswire/ -- Edenbridge Health and Element Care announced today that the two organizations have been selected in a competitive review process to develop a PACE (Program of All-Inclusive Care for the Elderly) center in Washington, D.C.
  • The new PACE program is co-owned by Edenbridge Health and Element Care, a leading non-profit PACE operator based in Lynn, Massachusetts.
  • "Edenbridge was selected from among several other highly qualified applicants in a very competitive RFP process," said Stephen Gordon, MD, MBA, founder and CEO of Edenbridge Health.
  • "Element Care is delighted to collaborate with Edenbridge Health and to help frail elders in the nation's capital."

Bank of America Invests Nearly $43 Million to Help Drive Economic Mobility in Washington, D.C.

Retrieved on: 
Tuesday, April 5, 2022

WASHINGTON, April 5, 2022 /PRNewswire/ -- Bank of America today announced an investment of nearly $43 million directly impacting economic and social opportunity in Southeast and Southwest Washington, D.C. as part of its commitment to local communities. Through affordable housing projects and partnerships with local nonprofits, including Building Bridges Across the River (BBAR), the Washington Area Community Investment Fund (Wacif), and Bread for the City, the funding and grant package will address housing, workforce development, healthcare and small business efforts in the region.

Key Points: 
  • The bank's funding will help provide 76 units for individuals and families in need of affordable housing in the community.
  • To help fund construction of the bridge and further environmental education efforts, BBAR will receive a $1 million grant.
  • In 2021, Bank of America invested $350 million in local grants and additional capital investments to help finance small businesses, affordable housing, and other economic revitalization projects benefiting communities throughout the Washington region.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

The Neighborhood Development Company Celebrates Ribbon Cutting of Affordable Housing Development in D.C.'s Hillcrest Neighborhood

Retrieved on: 
Friday, April 1, 2022

WASHINGTON , April 1, 2022 /PRNewswire/ -- The Neighborhood Development Company (NDC) was joined by Ward 7 Councilmember Vincent C. Gray, DHCD's Director Drew Hubbard, and city officials for a ribbon cutting today to celebrate the completion of construction on Park27, a new residential community in Hillcrest. Park27 is a collection of 26 brand-new 100% affordable duplex condos and studios, ranging in size from 500 SF to 1,250 SF and delivering much needed affordable home ownership opportunities to Ward 7.

Key Points: 
  • "With our partners, the DC Department of Housing and Community Development and LISC, we are proud to be doing our part in achieving Mayor Bowser's housing goals."
  • As part of Mayor Bowser's affordable housing initiative, Park27 adds 26 new homes east of the river.
  • "Together we're turning a formerly vacant lot into an affordable homeownership opportunity for families in Ward 7".
  • Park 27 will not only create more affordable housing, this 100% affordable housing project adds value to the District by providing quality affordable homeownership opportunities for Ward 7," said Ward 7 Councilmember Vincent C. Gray.