Our colleagues at the National Trust Community Investment Corporation (NTCIC) are celebrating an important milestone in a fantastic project that brings historic preservation, green building and community development together under one roof. For the past years we’ve counseled nonprofit organization CASA de Maryland on how to finance and structure their rehabilitation of a neglected Georgian Revival mansion in Langley Park into a multicultural center for Latino and immigrant populations. Bank of America and Enterprise Community Investment recently closed on a $4 million historic and New Markets Tax Credit equity investment in the project, thanks in large part to the legal and accounting groundwork laid by our tax credit experts.
We have good reason to be a proud partner on this project. Built in 1924, the mansion was originally the centerpiece of a vast estate owned by the family known for McCormick Spices. Decades later, the McCormick-Goodhart Mansion is now at the heart of a bustling community where one hundred languages are spoken at its elementary school and per capita income is just $11,300. CASA de Maryland has already begun work to transform the dilapidated mansion into a vibrant multicultural center that caters to the vast and growing needs of the immigrant and minority communities that surround it.
From its strategic location, CASA will offer skills training, education, and leadership development to increase the self-sufficiency, competency and financial capacity of low-wage Latino and immigrant families locally and statewide. The relocation to the mansion allows CASA to expand its size at a time when demand for its services is at an all-time high. The nonprofit anticipates serving 6,000 to 10,000 individuals and families per year from its new address. The Multicultural Center will also act as an incubator for small nonprofits that support populations not typically served by CASA, including African and Asian immigrants.
We also appreciate CASA’s pursuit of LEED Gold certification from the U.S. Green Building Council. Plans include several green roofs, controllable lighting and heating systems, low-emitting materials, water-efficient landscaping and a geothermal HVAC system. CASA plans to expand its community education work to focus on respect for and protection of the environment as well.
Construction is projected to last 12-14 months and CASA anticipates calling the McCormick-Goodhart Mansion home by early 2010.
-- Erica Stewart
Erica Stewart is the outreach coordinator for the Community Revitalization department at the National Trust for Historic Preservation
The National Trust for Historic Preservation works to save America's historic places. Join us today to help protect the places that matter to you.