Mayor Bowser to Cut Ribbon at “Green” Renovated Affordable Housing Preservation Project

147 Units to Remain Affordable for Next 40 Years

(WASHINGTON, DC) – (RealEstateRama) — On Thursday, April 20, at 2 pm, Mayor Muriel Bowser will celebrate the completion of renovations at Channel Square Apartments, a 231 unit mixed-income building in Ward 6. Committed to housing preservation for all DC residents, renovations at Channel Square include energy efficient heating and cooling, a computer lab, a community garden, and a playground.

Mayor Muriel Bowser
Mayor Muriel Bowser

Of the $106 million spent from the Housing Production Trust Fund, $7.4 million went to Channel Square tenants to acquire and renovate the property. Out of 231 units, 147 units are affordable as part of the Mayor’s affordable housing preservation strategy and will stay affordable for 40 years. The Mayor also invested $1.25 million into the largest private solar project in the city that will generate approximately 20 percent of the property’s energy – saving about $20,000 in operating costs each year.

WHEN:
Thursday, April 20, at 2 pm

WHO:
Mayor Muriel Bowser
Polly Donaldson, Director, DC Department of Housing and Community Development

WHERE:
Channel Square Apartments
325 P Street, SW
*Closest Metro: Waterfront Metro Station*

Connect With Us
John A. Wilson Building
1350 Pennsylvania Avenue, NW, Washington, DC 20004
Phone: (202) 727-2643

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Mayor Muriel Bowser

Muriel Bowser serves as Washington, DC’s seventh elected Mayor. Sworn in on January 2, 2015, she pledged to bring a fresh start to the District of Columbia, create pathways to the middle class for residents, and foster a culture of inclusion, transparency and action.

Mayor Bowser expanded opportunity across all 8 Wards of DC by strengthening job training programs, and by attracting and retaining jobs in the District. As of the first quarter of 2016, there are burgeoning projects across the city that will eventually deliver 32,000 new jobs. Washington, DC is the economic engine of the metropolitan region, and has one of the strongest local economies in the country.

Contact:

Phone: (202) 727-2643

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