An innovative, new, mixed-use 89,000 square-foot site, The Nannie Helen at 4800 will feature affordable housing for seniors, working families and individuals. The construction will include 1,790 square feet of retail space, 1,900 square feet for an adult education and fitness center, 3,438 square feet of office space, and 70 affordable housing units, including one, two, and three-bedroom apartments within a five-level, elevator serviced building. Other building amenities will include a shared community room and outdoor playground.
The project will also include 41 residential parking spaces. As well, the site is also located along major transit routes, and it is within walking distance of several Metro stations. The construction will qualify for LEED certification. Additionally, the construction will create 17 new jobs (permanent and construction) in the District and generate over $370 thousand in tax revenues for the District.
The $19 million new construction development was financed as a public and private collaborative that includes Capital One Bank, Oak Grove Capital, Hudson Housing Capital, Federal Home Loan Bank of Atlanta, Open Door Housing Fund, Freddie Mac, Department of Housing and Urban Development, District of Columbia Housing Authority, District of Columbia Housing Finance Agency and the District of Columbia Office of the Deputy Mayor for Planning and Economic Development. Other partners include Northern Real Estate Urban Ventures, LLC; Bozzuto Construction and Blue-Skye Construction Joint Venture; Torti-Gallas and Partners; Holland and Knight; Hessel, ALuise and Neun; Klein Hornig; and Edgewood Management Corporation. The District will provide a $6.4 million subsidy.
Background
In 2007, the Office of the Deputy Mayor for Planning and Economic Development issued a Solicitation for Offers to redevelop 4808-4826 Nannie Helen Burroughs Avenue, NE located in the Lincoln Heights and Richardson Dwellings neighborhood in Ward 7.
The project is a key to the city's efforts to revitalize the Lincoln Heights/Richardson Dwellings and surrounding historic Deanwood community. Under the auspices of the New Communities program, A. Wash & Associates has reserved twenty-three of the seventy units for residents currently living in the Lincoln Heights/Richardson Dwellings.
The New Communities Initiative is a comprehensive partnership designed to improve the quality of life for families and individuals living in distressed neighborhoods in the District. The goal of the initiative is to combat the social challenges that exist in these communities by transforming highly concentrated low-income neighborhoods into healthy mixed-income neighborhoods that protect housing for low-income residents with a one-for-one replacement of existing affordable housing around improved community anchors, such as schools and recreation centers.