7428 Georgia Ave, NW courtesy Lock7
From a press release:
“Lock7 Development has completed construction on Beech Tree Place, a 66-unit affordable apartment building located in Shepherd Park.
This is Lock7’s second affordable housing project in the city. They completed Mills Place Apartments, a 61-unit building, in 2020. (more…)
3012 Georgia Ave, NW
Thanks to W. for sending. Regarding the new development at Bruce Monroe, W. writes: “I also heard that it could be 2 years until they break ground.” (more…)
1435 Newton Street NW courtesy Greysteel
From a press release:
“Greysteel, a nationally recognized commercial real estate investment services firm, has completed the sale of the NW DC Portfolio for an aggregate price of $48,120,000, representing more than 100% of the asking price. The four-property portfolio included the following sales: (more…)
From the DC Office of Planning:
“Mayor Muriel Bowser and the DC Office of Planning (OP) released the Wisconsin Avenue Development Framework to advance the District’s housing goals in neighborhoods west of Rock Creek Park.
“The Wisconsin Avenue Development Framework brings a vision of equitable development and opportunities for all residents,” said Office of Planning Director Anita Cozart. “The recommendations will enable more DC residents access to the schools, jobs, transit, and other amenities this part of the city has to offer.”
The Wisconsin Avenue Development Framework lays the groundwork for up to 9,500 new homes, including up to 1,700 dedicated affordable in Friendship Heights and Tenleytown. Recommendations rooted in urban design promote well-designed blocks that serve residents of all ages and abilities with active public spaces anchored by retail, restaurants, and cultural and entertainment uses. (more…)
photo by Jim Havard
From a press release:
“Amazon (NASDAQ: AMZN) announced a commitment of $147 million to create and preserve 1,260 affordable housing units in six of Washington, D.C.’s eight wards and in nearby Maryland and Virginia communities–primarily in partnership with minority-led organizations. (more…)
Photo by LaTur
From WMATA:
“Amazon and the Washington Metropolitan Area Transit Authority (Metro) today announced a goal to create more than 1,000 new affordable housing units at Metro Stations throughout the Washington, D.C. metropolitan region. Amazon is committing $125 million in below-market capital to expedite development of affordable homes so that moderate- to low-income families in the National Capital Region can afford to live in communities with easy access to employment, schools, healthcare, education, and other amenities. The investment is part of Amazon’s Housing Equity Fund, a more than $2 billion commitment to preserve and create over 20,000 affordable homes through below-market loans and grants to housing partners, traditional and non-traditional public agencies, and minority-led organizations. (more…)
Rendering for 1125 Spring Road, NW, previously the historic Hebrew Home courtesy DC Department of Housing & Community Development
From the Mayor’s Office:
“Mayor Muriel Bowser, along with Office of the Deputy Mayor for Planning and Economic Development (DMPED) and the Department of Housing and Community Development (DHCD), announced the closing of financing on Spring Flats in Ward 4, a long-awaited 185-unit affordable housing community. This project represents the strong partnership between District Government agencies to successfully leverage a toolkit of land-use and financing policies to deliver critical affordable housing in the District. (more…)
1721 Kalorama Road, NW via Jubilee Housing
Thanks to Joan for passing on from Jubilee Housing:
“Jubilee Housing’s latest acquisition is unique in many ways.
King Emmanuel Baptist Church sits at 1721 Kalorama Road NW and has been part of the Adams Morgan community since 1907. The church has an active congregation, which includes Jubilee Housing residents and staff members. So, when Jubilee heard that the congregation was looking to sell the church, the Property Development team jumped at the chance to preserve a historic landmark in one of the organization’s core neighborhoods.
Jubilee offered the congregation a chance to stay and worship at King Emmanuel after renovations, but church members decided to relocate the congregation to Maryland. (more…)
From the Mayor’s Office:
“Today, Mayor Muriel Bowser was joined by DC Office of Planning (OP) Director Andrew Trueblood to release the Mayor’s Housing Equity Report and the District’s draft Comprehensive Plan proposal. By establishing goals specific to each planning area of the city, the Housing Equity Report makes Washington, DC among the first cities in the nation to create area-specific goals for affordable housing and dedicate an entire initiative to examining the barriers and opportunities within each area.
“What both the Housing Equity Report and the updated Comprehensive Plan recognize is that housing is a citywide challenge that requires citywide solutions,” said Mayor Bowser. “Washington, DC will continue to change – we can be sure of that. These plans are focused on how we manage that change and balance competing interests in order to ensure a vibrant, equitable, and resilient city, not only for us, but for our children and grandchildren.”
The Office of Planning and Department of Housing and Community Development collaborated to produce the Housing Equity Report. The report provides an analysis of current affordable housing distribution and proposes specific targets to achieve Mayor Bowser’s bold goal of building 36,000 new homes, including 12,000 homes affordable to low-income residents, by 2025. (more…)
14th and Otis Place, NW
For those who deny we have an affordable housing problem. Paul reported at 9am:
“Folks spent whole night outside waiting for vouchers. In the morning, things got contentious – well over 100 families in line. Is this really the best way to allocate subsidized housing?”