The District of Columbia Housing Finance Agency (DCHFA) has issued $63.2 million in tax-exempt bonds to fund the substantial rehabilitation of Worthington Woods Apartments, located in the Washington Highlands neighborhood of Ward 8. The project will preserve 394 affordable apartments and no current tenants will be permanently displaced during construction.
Underwritten federal and D.C Low-Income Housing Tax Credit equity totaled $45.5 million and $9.1 million respectively, with redevelopment overseen by Montgomery Housing Partnership Inc., Anacostia Economic Development Corporation, and selected by Worthington Woods Tenants Association for completion offering a range of apartment sizes with income restrictions as well as various amenities supported by resident services provided by Communities Together Inc..
