NHPF remains very concerned regarding the overall health and well-being of our 25,000 residents during the Covid-19 crisis. We have been actively working with our third-party management companies in taking steps such as increased cleaning of common areas, limiting resident contact except for emergency situations and, through our resident services program subsidiary Operation Pathways, providing information about resources for financial assistance, food, medicine, transportation, and needed supplies. In addition, we have placed a moratorium on all evictions for non-payment of rent for the duration of this crisis and are actively engaging our residents who have been financially impacted to discuss payment plans. We fully appreciate the social and emotional tolls the length of this crisis have taken on our residents and we will follow all local and state government directives regarding the reopening of our sites and community centers. The safety and well-being of our residents remains our highest priority.

Anacostia Gardens

Affordable Housing in Washington, DC

Built in the early 1960s, Anacostia Gardens is located in the Fort DuPont neighborhood of Washington, DC’s Ward 7. Its 100 apartments have individual gas heating and hot water systems, as well as central air conditioning. The property has on-site parking, a laundry facility, and a community room for resident activities. It is adjacent to the Washington Nationals Youth Baseball Academy and is located in a Qualified Census Tract (QCT).

Total Cost

$8,876,000

Description
Anacostia Gardens is comprised of 37 single-bedrooms, 49 two-bedroom, and 14 three-bedroom units. All of its households are at or under 60% AMI, and receive rental subsidy through a project-based Housing Assistance Payment contract with HUD.

Financing
Secured financing and funding for this project included:

$6,400,000Eagle Bank
$2,400,000LISC
$76,000Equity