WASHINGTON, D.C. — Enterprise Community Development and Durrani Development Corp. have broken ground on Alabama Avenue Apartments, an affordable housing community in the Garfield Heights neighborhood of Washington, D.C. The project cost is $49.2 million. Construction is estimated to be complete in October 2024.
The District of Columbia Housing Finance Agency (DCHFA) has issued $23.1 million in tax exempt bonds for the construction of the project. Additional funding sources include a $12.9 million housing production trust fund loan from the D.C. Department of Housing and Community Development (DHCD).
Alabama Avenue Apartments will consist of 86 units in one-, two- and three-bedroom floor plans. Nine units will be reserved for residents earning up to 60 percent of the area median income (AMI), and 59 units will be reserved for those earning up to 50 percent AMI. The remaining 18 units are designated Permanent Supportive Housing (PSH), reserved for residents earning 30 percent AMI or less. Tenants who qualify for these units will receive rent subsidies.