Building Homes, Building Futures: D. C. 's Big Housing Boost

The District of Columbia Housing Finance Agency (DCHFA) concluded 2025 with significant strides in affordable housing, funding two major projects in Ward 7 and Ward 8, totaling 199 new affordable homes.

Project Highlights

Benning Road Metro Apartments (BRMA)

• Units: 109
• Funding:
• $43.7 million in tax-exempt bonds
• $34.4 million in federal Low Income Housing Tax Credit (LIHTC) equity
• $26 million loan from DHCD
• Total Cost: $88.9 million
• Developers: NRP Group and Marshall Heights Community Development Organization (MHCDO)

Unit Breakdown:

• 8 efficiencies
• 52 one-bedrooms
• 27 two-bedrooms
• 22 three-bedrooms

Features:

• Balconies
• In-unit washers/dryers
• Fitness center
• Multipurpose gathering space
• Outdoor playground
• Seating areas
• Bicycle parking
• Green space
• Resident Resource Center (offering educational support, financial literacy, and health and wellness programs)

Hillsdale Flats

• Units: 90
• Funding:
• $47 million in tax-exempt bonds
• $36.2 million in LIHTC equity
• $12.5 million loan from Deputy Mayor's Office for Planning & Economic Development
• Total Cost: $98.3 million
• Developers: Preservation of Affordable Housing and the District of Columbia Housing Authority

Unit Breakdown:

• 7 one-bedroom
• 31 two-bedroom
• 33 three-bedroom
• 15 four-bedroom
• 4 five-bedroom

Features:

• Access to a park
• Bike trail
• Community center (G.R.O.W Center for economic empowerment)

Mission and Impact

DCHFA supports developers with low-cost financing to construct affordable rental housing in D.C. With a 45-year history, the agency advances housing priorities by providing capital for rental housing and homeownership opportunities.