Fenty Announces Plans for 56 Units of Affordable Housing in NE
Washington, DC - September 9, 2009 - (RealEstateRama) — Mayor Adrian M. Fenty announced the District selected a development team led by Denning Development, Urban Matters Development Partners and Beulah Community Improvement to build 56 new affordable townhome on a city-controlled site a Dix Street and Eastern Avenue in Ward 7.
“We’ve heard time and again that residents in this community want high quality affordable housing choices for their families,” Mayor Fenty said. “And this team will deliver just that.”
The team will build 56, three bedroom townhomes priced for buyers earning between 30 percent and 120 percent of the Area Median Income - about $95,000 for a family of four. Twelve of the units will be reserved for residents currently living in the Lincoln Heights/Richardson Dwellings New Community, which is located nearby.
Construction is expected to begin by early 2010 and the first units will deliver by September 2010. The entire project is set to be complete by mid-2011.
Last week, Mayor Fenty joined Blue Skye Development in breaking ground on the nearby 26-unit housing project at 4427 Hayes Street. The $5 million project, which will include nine replacement housing units for the families currently living in the nearby Lincoln Heights/Richardson Dwellings New Community, will be complete next summer.
The Last month, the District broke ground on the first phase of construction for the $8 million Marvin Gaye Park, which runs through the Lincoln Heights/Deanwood neighborhoods. The District is also working to select developers for other nearby sites at 5201 Hayes Street and Dix Street and Eastern Avenue. The District’s $33 million Deanwood recreation center and is under construction and expected to be complete by May. The nearby new HD Woodson Senior High School is also under construction and will be ready for the 2011 school year.
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