NHPF Builds

NHPF BUILDS The District of Columbia

The NHP Foundation (NHPF) is a leading provider of affordable housing in 16 states and the District of Columbia. We are proud to say that NHPF owns a total of 1,519 units in the District, more than in any other geographic area in the country. The NHP Foundation (NHPF) is a leading provider of affordable housing in 16 states and the District of Columbia. We are proud to say that NHPF owns a total of 1,519 units in the District, more than in any other geographic area in the country. The organization was founded in the District of Columbia as a not for profit corporation in 1989, thus ensuring a substantial future presence in Washington, DC. Our first property in the District, The Roundtree Residences, was built in 2013 and NHPF now owns 10 properties in the District. The Roundtree Residences was co-developed as a ground-up project in coordination with the Allen Chapel AME via NHPF’s Affiliate Program, which partners with under-resourced community, religious, or other local organizations to provide expertise and funding. The Roundtree Residences, an environmentally sensitive project, was completed on time, under budget, and has won several awards. Since 2013, NHPF has developed five more properties via the Affiliate Program and seven through the District’s unique TOPA program (The Tenant Opportunity to Purchase Act of 1980). TOPA affords tenants living in the District of Columbia unique rights to assume control and agency over their housing circumstances. TOPA gives residents and tenants’ associations a first shot at purchasing the building in which they live. The TOPA process contains specific procedures which ensure tenants have enough time to assemble the right financing, negotiate a fair contract, and settle with the landlord on the sale of the property. Properties developed via TOPA include Takoma Place, which has recently completed an extensive renovation and Parkchester Apartments, a valuable source of affordable housing in Southeast DC. The acquisition and rehabilitation of Parkchester Apartments was followed by two additional

TOPA acquisitions: Benning Heights Apartments and Woodmont Crossing Apartments. Currently, NHPF is overseeing the renovation of another TOPA property, Anacostia Gardens Apartments. Looking to the future, Columbia Heights Village and Ridgecrest are major redevelopments in the works for the coming years. Columbia Heights Village will include the additional construction of several hundred units. Needless to say, NHPF’s portfolio and previous developments have led to excellent community, municipal and government relations in the District.

NHPF Builds the District of Columbia.

Today, NHPF is proud to be undertaking several major new construction projects . Via the NHPF Affiliate Program, the organization is proud to be building The Strand. NHPF, The Warrenton Group (TWG), and the Washington Metropolitan CDC (WMCDC), a faith-based affiliate, collaborated to develop this landmark project in an historically underserved community. The Strand is a mixed-use, mixed-income development featuring an 86-unit midrise building (new construction), new retail space (10,000 SF) and the renovation of an historic theater in Washington, DC’s Deanwood community. In addition, ground has been broken on the ground- up construction of 41 units of affordable housing at 17 Mississippi Avenue in the Congress Heights area in DC’s Ward 8. It will feature nine units of permanent supportive housing for people who are experiencing homelessness or are in need of mental health support. NHPF is dedicated to preserving and creating sustainable, service-enriched multifamily housing, and single-family homes that are both affordable to low and moderate income families and seniors, and beneficial to their communities. Preserving and expanding access to affordable housing in our nation’s capital is just one way that NHPF strives to build and preserve more equitable, resilient communities that people can afford.

NHPF BUILDS THE DISTRICT OF COLUMBIA