In approximately one year, 25 seniors will have new luxury apartments in Northeast. District of Columbia Housing Authority Executive Director Adrianne Todman last month joined Mayor Muriel Bowser, city officials and developing partners to break ground on the new building located at Girard and 16th Streets.

“The reason why you are here today is because you all care,” said Buwa Binitie, principal at Dantes Partners, who teamed up with The Menkiti Group to make this building come to fruition. Binitie thanked everyone for coming to “carry out the vision” of creating affordable housing in the District.

The Girard Street Senior Apartments includes 12 supportive housing units that will be made available for senior citizens. DCHA is providing almost $6 million in Local Rent Supplement Program funding, the District’s version of project-based vouchers, that allow the seniors to pay no more than 30 percent of their income as rent.

Bowser said 20 percent of D.C. residents are housing insecure, which is especially a concern for senior citizens. She said it was her goal to have affordable housing in all eight wards, but she doesn’t just want to focus on the number of units.

“I’m making sure we’re building inclusive neighborhoods,” she said. “If we don’t invest in inclusive neighborhoods we won’t have them.”

Todman said this type of project gives seniors who grew up in the District before the latest housing even when it wasn’t the “cool” place to be a chance to stay here.

“What better way to honor our seniors than to have them living here while things are rocking and rolling,” she said.

It is financed through a combination of Low-Income Housing Tax Credits, Department of Housing and Community Development gap financing, and private first trust debt, among other sources thanks to Wells Fargo and Amalgamated Bank.

“We are the public money that helps leverage the private money,” said Polly Donaldson, director of DHCD. She said it is the creative financing and the vision of all of the team members to get affordable housing built. 

The finished property will include on-site professional management, covered parking, laundry facilities, Verizon FiOS services, and more than 1,800 square-feet of community support space that includes a demonstration kitchen, yoga studio, library, and card rooms.



Last modified: 7/16/2015 11:23:42 AM