Capitol Hill Day School Building Addition

Through the upcoming renovation of the Dent building, the School will realize a long term strategic goal of supporting and strengthening our programs by improving and updating our facility.


The School has established this blog to inform parents, friends, neighbors, and students of the status of the project. Please check the site often or subscribe to the RSS feed for notification of when new items are posted.

Tuesday, March 22, 2011

Renovation Project -- Commitment for Credit

Another step in the process of renovating the Dent Building is complete.

Capitol Hill Day School has concluded negotiations with TD Bank and has signed a commitment letter to obtain the loan necessary to finance the construction project.

The School will request that this financing be tax-exempt through the District of Columbia's Industrial Revenue Bond Program (IRB) as the School is an eligible non-profit organization. The School expects the loan will close by June 30, 2011.

Davenport & Company, LLC, Richmond, VA, advised the School during the bank solicitation process leading to the selection of TD Bank.

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