DHCD had a record year in FY 2006, funding 2,882 units of affordable housing throughout the city.  This includes 25 housing developments for rental, homeownership and special needs populations.  These projects received nearly $90 million in funding from the Department and represented a total development cost of nearly $320 million.

Examples of the projects funded include:

Mayfair Mansions:  Located in the Kenilworth neighborhood in Ward 7, this project will preserve 569 units of affordable rental housing.  Funding will be used for the rehabilitation of existing units.  Mayfair Mansions is listed on the National Historic Registry.

Southview Apartments:  This rehabilitation effort in Ward 8 will preserve 257 units of affordable housing.

Golden Rule Apartments:  Located in Ward 6 at 901 New Jersey Ave, NW, Golden Rule Apartments will preserve 184 units of affordable housing. 

Amber Overlook:  This Ward 7 project, located at 50th and C Streets, SE, will preserve 80 units of affordable housing for purchase by low-to-moderate income housing.  The project will be known as Woodson Heights.

Kara House Cooperative:  Kara House Cooperative is a tenant first right to purchase project in the Mount Pleasant neighborhood of Ward 1.  This purchase preserves 22 units of affordable housing.

These projects were funded through the Department’s Request for Proposals (RFP) process.  DHCD holds two RFPs per fiscal year.  The second RFP for FY 2007 will be released in April.