The District of Columbia Housing Authority, Forest City, Urban Atlantic, and other city and community officials celebrated a new mixed-use development project coming to the Capitol Riverfront.

The Capper 769N complex will include 179 mixed-income apartments, 4,000-square-feet of commercial retail space, and various residential common areas within its 10-story structure. The 36 affordable units will be interspersed throughout the building. This is the sixth phase of the Capper/Carrollsburg redevelopment.

“My administration is using every tool in our toolbox to produce and preserve more affordable housing in the District,” said Mayor Muriel Bowser. “Today’s groundbreaking in the Capitol Riverfront is an example of what can happen when public and private, local and federal entities come together to meet our common goal of advancing inclusive prosperity  for residents in Washington, D.C.”

The nearly $74 million Capper 769N complex, located adjacent to  Canal Park, is yet another example of how DCHA and its partners are using innovative methods to preserve and create more affordable housing in the District of Columbia. Funding for the building included D.C. Housing Production Trust Fund financing, Low-Income Tax Credits, and EB-5 funding (immigrant investor program).

This is the first-time DCHA has been involved in a transaction where EB-5 is part of the capital stack. EB-5 is a tool created to generate job creation and capital investment from foreign investors looking to eventually receive a green card and come to the United States.

“I’m so proud to continue the great work of bringing new homes to our community,” said DCHA Executive Director Adrianne Todman. “This building will offer great amenities to its affordable and market-rate residents, alike.”

One of the largest HOPE VI projects in the nation, Capitol Quarter and Capitol Riverfront are the result of DCHA leveraging a $34.9 million grant in 2001 coupled with public and private dollars for a total of more than $581 million to redevelop the 23-acre Capper Carrollsburg public housing project into a vibrant mixed-use, mixed-income community.

At its completion, more than 1,700 rental and homeownership units, including a one-for-one replacement of the original 707 public housing units, 732,000 square feet of commercial space, including office,  and retail space, and a community center, will have been created. DCHA committed to rebuilding the 707 affordable units that were previously part of the now demolished Capper/Carrollsburg development. This growing community now has 438 new homes for low-income families.

The new building will feature high-quality construction and amenities, including walk-in closets, granite counters, in-unit laundry, and expertly appointed finishes. There will also be underground parking and bicycle storage, a rooftop pool and deck, fitness center, game room, and a dog park and pet care facility. Additionally, Capper 769N will be a model for sustainability in the community being the first in the Capitol Riverfront to use an innovative regional stormwater management facility at Canal Park to manage its stormwater requirement. 

"We are excited to break ground on Square 769N, the next phase of the Arthur Capper Carrollsburg Revitalization. With our partners at the District of Columbia Housing Authority and Urban Atlantic, we are constructing a premier new apartment building, bringing 179 mixed-income apartments, unique resident amenities, and 4,000 square feet of new retail to the heart of the Capitol Riverfront," said Deborah Ratner Salzberg, President of Forest City Washington.

”We are proud to continue our partnership with the District of Columbia Housing Authority and Forest City to redevelop the Capper/Carrollsburg community as we break ground on Capper 769N, a beautiful new apartment building that affordable and market-rate renters alike will call home. This building will offer residents brand new apartment units and amenities, spectacular views of Canal Park, and incredible proximity to employment, retail, recreation, and public transportation," said Vicki Davis, Principal of Urban Atlantic.

In the past five years, DCHA has been responsible for the development of 765 new homes including 432 public housing units, 299 market-rate rental units, 74 Low-Income Housing Tax Credit only units, and 103 for sale units in the District of Columbia. Another 229 units are currently in the construction process, of which 186 will be affordable. DCHA has also helped create 228 affordable units in the private market using project-based voucher subsidies since 2013. Of those, 85 were local, 54 federal, and 89 Veterans Affairs Supportive Housing (VASH) vouchers. 

HUD, DCHA, and city officials break ground with returning members of the community.
Officials break ground on 769N which will bring housing for all income levels.
DCHA Executive Director Adrianne Todman
Mayor Muriel Bowser
DCHA Director of Capitol Programs Merrick Malone
Last modified: 5/2/2017 2:21:27 PM