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DCHFA funds 142-unit affordable community in Ward 1’s Park View neighborhood

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December 9, 2022

Press Release

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) issued $51.2 million in tax exempt bonds and underwrote $31.5 million in federal Low Income Housing Tax Credit (LIHTC) equity for the construction of Park Morton Phase I on November 17, 2022. A part of the Deputy Mayor for Planning and Economic Development New Communities Initiative, this project will help revitalize this transit-oriented, amenity rich neighborhood and provide 40 public housing replacement units

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