With the recent good news that the historic Heurich House would be staying open to the public, DCist had a few questions regarding what the $100,000 raised thus far has been used for and what the future portends for the Dupont Circle landmark.
Gary Heurich of Friends of the Castle informed us that their prior goal of raising $250,000 goal no longer stands. Rather, the $100,000 that was raised over the past 46 days was “used by the Foundation to limit or ‘reduce’ the default it went into with the bank at the end of last year by keeping current with payments since the first of the year.” Heurich also notes that, as a result of the bank’s cooperation, the “imminent refinancing will eliminate the default entirely, thus obviating the need for the additional $150k to cure the default.” So, the donations have most certainly been used for a good cause.