Partners
Taylor Adams Associates
Phase 1
137 residential units are income restricted to residents earning 50% AMI or less. 15 of these units are reserved as permanent supportive housing units (PSH) and dedicated for individuals and families transitioning from homelessness.
Phase 2
95,000 square foot mixed-income residential project. The project is 95 units, all of which are affordable for residents making 60% of AMI or below, including 15 permanent supportive housing units (PSH) and dedicated for individuals and families transitioning from homelessness.
Location Highlights
East Capitol Street and Minnesota Avenue
Amenities
Underground parking, on site management office, a club room, and a fitness facility.
Retail Space
2,272 square feet of retail space that has been leased to Market 7, a DC-based community marketplace comprised of 60 black-owned businesses that offer a variety of fresh produce, packaged foods, and sustainable lifestyle products for the purpose of alleviating food and retail deserts in Ward 7.
Financing
Financed in partnership with the District of Columbia including Low Income Housing Tax Credits (LIHTC), a Housing Production Trust Fund (HPTF) loan, and Local Rent Supplement Vouchers (LRSP)
Leasing
Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.
