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“Mayor Bowser Directs $90 Million to Produce & Preserve 800 Affordable Housing Units”

bowser
Photo by PoPville flickr user Ted Eytan

From the Mayor’s Office:

“Today, Mayor Muriel Bowser announced 12 projects that will provide more than 800 units of affordable housing in the District. These projects represent nearly $82.2 million in public funding and will house approximately 1,760 District residents.

“Washingtonians in all eight wards should have access to quality affordable housing,” said Mayor Bowser. “My Administration is committed to producing, preserving and protecting affordable housing across the city. First, we put our money where our mouth is by making historic investments in the Housing Production Trust Fund. And with these 12 projects, we are putting those dollars to work. We will continue to build DC’s affordable housing supply and create more pathways to the middle class for our residents.”

Last year, in her first budget, Mayor Bowser committed an historic $100 million for the Housing Production Trust Fund. This effort makes good on Mayor Bowser’s pledge to use those dollars for the production, preservation and protection of affordable housing.

The 804 affordable units include the preservation of 466 units and the production of 338 new units. Out of that total, 216 units will be designated for residents making 30% of the Area Median Income (AMI), 399 units will be designated for residents making 31%-50% AMI, and 187 units will be designated for residents making 51%-80% AMI. In addition, 83 units will be used as permanent supportive housing units for the homeless, which supports the mayor’s goal to end homelessness in the District by 2020.

Led by the Department of Housing and Community Development (DHCD), the Department of Energy and Environment (DOEE), DC Housing Finance Agency (DCHFA), Department of Human Services (DHS), Department of Behavioral Health (DBH), and DC Housing Authority (DCHA) reviewed 29 competitive applications and chose 12 projects.

“Working together with our partner agencies, we can seamlessly provide creative ways to address the housing needs of the District,” said DHCD Director Polly Donaldson. “By combining our resources, we are able to ensure quality, safe and affordable neighborhoods that improve the lives of the residents whom we serve.”

“We are proud to partner with Mayor Bowser and DHCD to create and preserve affordable housing. The operating subsidy we are providing will help pay rent for low income residents who will be able to call the District home,” said Executive Director Adrianne Todman.

The 12 projects are as follows:

Preservation Projects (Name, Location, Developer)

Glenn Arms, 2518 17th Street NW (Ward 1), SP Affordable Housing Group III, LLC
Sarah’s Circle, 2551 17th Street NW (Ward 1), Sarah’s Circle
Hedin House, 2900 Newton Street NE (Ward 5), THC Affordable Rental Housing, Inc.
1431 E Street NE,1431 E Street NE (Ward 6), Redevelopment Housing Advisors
Huntwood Courts, 5005­-5009 Hunt Street NE (Ward 7), New Market Rental Investors LLC
Meadow Green Court, 3605-­3615 Minnesota Avenue (Ward 7), E&G Group LLC
Brandywine 30 Preservation, 718 Brandywine Street SE (Ward 8), Dantes Partners

New Production Projects (Name, Location, Developer)

SOME-­Spring Road, 1433­-1435 Spring Road NW (Ward 4), SOME, Inc.
3534 East Capitol Street NE, 3534-­3552 E Capitol Street NE (Ward 7), Mid Atlantic Realty Partners, LLC
28th Place SE, 1713 28th Place SE (Ward 7), Habitat for Humanity of Washington, D.C., Inc.
1708 Good Hope Road SE, 1708 Good Hope Road SE (Ward 8), Four Points, LLC
Ainger Place, 2412 Ainger PL SE (Ward 8), Ainger Place Development Corporation

DHCD’s plan is to send out request for proposals twice each year. The next opportunity for applicants will be in March 2016.”

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