Solstice I
Solstice is a mixed-use project located at the intersection of East Capitol Street and Minnesota Avenue, NE; developed by MRP Realty and Taylor Adams Associates. The entirety of the 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. Building amenities include underground parking, on site management office, a club room, and a fitness facility. Along the ground floor on Minnesota Avenue is 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. The project is 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).
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