On Tuesday, May 2 at 10 am, Mayor Muriel Bowser and the District of Columbia Housing Authority (DCHA) will break ground at Square 769N, a new mixed-use development project that will include 179 mixed-income apartments, including 36 affordable units, 4,000-square-feet of commercial retail space, and various residential common areas.
The nearly $74 million complex, located adjacent to Canal Park, is yet another example of how the DC government is working together with DCHA and other local and federal partners to produce and preserve more affordable housing in Washington, DC. The project is one of the largest Hope VI projects in the nation, and was funded in part through a $1.85 million investment from the DC Housing Production Trust Fund. Square 769N is part of a larger complex which, at its completion, will have more than 1,700 housing units, including 707 affordable units.
In April, Mayor Bowser released “DC Values in Action: A Roadmap to Inclusive Prosperity,” the Mayor’s Fiscal Year 2018 Budget and Financial Plan and the third consecutive budget to include a $100 million investment in the Housing Production Trust Fund. In addition, DC Values in Action includes a $10 million investment in a new Housing Preservation Fund, ensuring the preservation of more affordable units.
Who:
Mayor Muriel Bowser
Adrianne Todman, Executive Director, District of Columbia Housing Authority
Marvin Turner, Director of the Washington Field Office of the US Department of Housing and Urban Development
Vicki Davis, President, Urban Atlantic
Abe Naparstek, Senior Vice President of Residential Development, Forest City Washington
When:
Tuesday, May 2, at 10 am
Where:
1100 2nd Street, SE
*Closest Metro: Navy Yard Metro Station*
Press interested in attending the event are asked to RSVP to [email protected]. To view the event online, visit mayor.dc.gov/live or tune in on Channel 16 (DCN).