Talk to us
Have questions? Reach out to us directly.
Terrace Manor – Ward 8
View all- Multi-Family Development Program
- Project Type
- Hud Risk Share
- Project Type
- New Construction
- 130 affordable apartment homes reserved for residents earning 60 percent or less of the area median income
- Total development cost: $82.4 million
- DCHFA issued $36.9 million in tax exempt bond financing and underwrote $33.8 million in Low Income Housing Tax Credit equity
- Bond financing was secured by HUD insured mortgage loas made under DCHFA’s Level I 50/50 Risk Share Program
- Developers: WC Smith and Anacostia Economic Development Corporation
Image Gallery
Talk to us
Have questions? Reach out to us directly.