On Tuesday, March 19, 2019, Mayor Bowser announced a major investment in affordable housing. Eleven projects in the District will receive $138 million to produce or preserve 1,180 units of affordable housing.
Housing Up will receive funding for three projects:
- Abrams Hall Assisted Living (54 permanent supportive housing (PSH) units in Ward 4)
- 218 Vine Street NW (121 units, including 24 PSH units in Ward 4)
- Urban Village (115 units of affordable housing, including 14 PSH units, in Ward 1)
We are excited to work with our co-developers – Urban Atlantic/Hines, Jair Lynch and Somerset Development Company – to serve District residents.
The eleven projects selected will produce or preserve housing for more than 2,600 DC residents. All projects are designed for residents that make under 80 percent of the Median Family Income (MFI, $117,200 in FY 2018). Housing Up’s projects will provide housing for Washingtonians experiencing homelessness. We will also provide case management for PSH residents at Vine Street and Urban Village.
Funding for these projects comes from several DC government sources, including the Housing Production Trust Fund (HPTF). We support Mayor Bowser’s continued commitment to building and preserving affordable housing in the District.
For more information on the awarded projects and the HPTF, click here.