Lending Successful

Urban Produce Production In Washington D.C.

by Apogee Farms
Urban Produce Production In Washington D.C.

Apogee Farms is building a Controlled Environment Agriculture (CEA) center with space for production, education, and local retail of low-impact produce.

Project Summary
  • Location: Washington, DC
  • Products: Fruit & Vegetable
  • Loan Term: 60 months
  • Interest Rate: 8.00% APR
  • Repayments Begin: 3 months after disbursement
100% of $75,000

Funded on 04/05/2021


Apogee Farms was founded in 2019, and after two years of planning, advocating, and collaborating, they were awarded a quarter-acre plot in the H street corridor of Northeast Washington DC through the Urban Farming Land Lease Program. The program provides a rent-free, 13-year land lease in exchange for the farm’s contributions towards community benefit goals. As they expand into year-round indoor production, CEO Thomas Langan and the Apogee Farms team are leaning into the DC-area slogan—“Vacant to Vibrant”—by engaging their community and regenerating the land they have been chosen to steward. 

Use of Funds

Using a shipping container as their first production center, Apogee Farms is already producing hydroponic greens for two local restaurants. The awarded land, and new partnerships with the D.C. government and Pluvr Compost, set the stage for expansion into year-round production for more restaurants, CSAs, and neighborhood sales. 

Funds from this business loan will be used to further establish the site by purchasing:

  • Gravel and fencing for a parking area.
  • Water tanks for storage.
  • Fans, pumps, and growing trays.
  • Raised bed materials.
  • Two greenhouses.
  • A building for retail space.
  • Refrigeration.

Regenerative & Sustainable Practices

For urban growers, efficiency is the key to sustainability. Maximizing space and resources is critical when growing areas are limited. Hydroponic production in a controlled environment allows for year-round production with minimal inputs and environmental impact. As Thomas says, “Apogee Farms wants to make a mark on D.C. without leaving a trace.”

  • Controlled Environment Agriculture requires zero pesticides.
  • All Apogee Farms produce is grown without synthetic fertilizer.
  • In partnership with Apogee Farms, Pluvr Compost will collect local food and yard waste. Worms (vermicomposting) will convert this waste into a high-nutrient plant amendment.
  • Compost is aerated, strained, and applied to Apogee’s crops through the watering system (fertigation).
  • Solar installations will offset the energy required for CEA growing.
  • The farm site will serve as an education center with regular tours serving schools and educational organizations like Cultivate the City, a D.C. based B-Corporation, as a way to reinvest in the local community.

  • April 09, 2021

    Funding Goal Reached!

    Apogee Farms is proud to announce that we have reached our funding goal. Thank you for your contributions and commitment to regenerative agriculture.

    Apogee is now perusing permits and moving operations to Kramer Street. Upon permit approval we will begin construction on the first closed loop food system in Washington D.C. We look forward to having all of our lenders follow our story and visit our farm.

Infrastructure - $25,000: The infrastructure budget includes building permits, grading, ground materials, fencing, lights and security.

Greenhouse & Equipment - $35,000: The greenhouse and equipment budget includes everything from two 20’ x 120’ greenhouses as well as elevated tables, raised beds, heaters, lighting, trays and watering equipment. 

Retail Space  - $15,000: Apogee farms will be constructing a metal building with cold storage to act as an on-site retail space.

Total Budget: $75,000

This loan will be made to Apogee Farms LLC, a District of Columbia limited liability company, who raises greens and produce on a 10,500 square foot parcel in Northwest Washington DC

This loan is for farm infrastructure, greenhouses and equipment, and retail space.

The total loan amount is $75,000 which will assist Apogee Farms in growing and expanding their business.

This loan is set at an 8% interest rate, with a 60-month term, and fully amortized monthly payments beginning in 3 months after funds are disbursed.

Borrower Loan Agreement Download
Lender Participation Agreement Download

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