Beacon Center Groundbreaking marks DC’s use of more than $100 million from the Housing Production Trust Fund
Washington, DC – (RealEstateRama) — On Friday, Mayor Bowser will join District leaders to celebrate a promise fulfilled: the unprecedented expenditure of $100 million from the Housing Production Trust Fund. The $100 million investment is supporting 19 projects that will create or preserve more than 1,200 affordable housing units. Since coming into office, Mayor Bowser has committed $100 million annually to the fund – more than any city per capita in the country.
The Mayor will celebrate this historic achievement in creating and preserving affordable housing at the groundbreaking for the Beacon Center, a mixed-use development in Ward 4 that will feature 99 affordable housing units as well as community space and the project that pushed the District over the $100 million mark.
Friday, October 7 at 11 am
Mayor Muriel Bowser
Brian Kenner, Deputy Mayor for Planning and Economic Development
Polly Donaldson, Director of the Department of Housing and Community Development
Councilmember Brandon Todd, Ward 4
Todd Lee, DC Housing Finance Agency Director
Dr. Joseph W. Daniels, Jr., Senior Pastor, Emory United Methodist Church
Future Site of the Beacon Center
6100 Georgia Avenue, NW
*Closest Metro: Takoma Metro Station*
*Bus Lines: 70, 79*