AHC partnered with Lincoln Westmoreland, a nonprofit affordable housing developer, to renovate its existing 108-unit high-rise building and construct a new 56-unit affordable building on under-utilized adjacent land. The project is AHC’s first partnership in Washington, DC.
Lincoln Westmoreland Apartments is a 10-story high-rise with 108 apartments. The building was constructed in 1970 and is adjacent to the Shaw Metro Station. As part of the development plan, the building received $2 million in upgrades to common areas and residential units. The building is available to households earning up to 60% of the Area Median Income. Eighty-two of the units receive Section 8 assistance.
The development plan incorporated a portion of the existing property to construct a new 8-story building with 56 apartments and ground-floor retail.
The new building, Channing E. Phillips Homes, celebrated its opening in October 2016 and is named after the much-respected, late civil rights leader, Channing Phillips. The 56 apartments are available to households earning no more than 60% of the Area Median Income.
The Logan Shaw Child Care occupies the first floor retail space.
Funding includes a combination of tax-exempt bonds, 4% Low-Income Housing Tax Credit equity, owner equity and District of Columbia grants and subsidized loan.
Along with AHC Inc., the design and development team included: KeyUrban, the Neighborhood Investment Fund, The U.S. Department of Housing and Urban Development, the D.C. Department of Housing and Community Development, the D.C. Housing Finance Corporation, Jefferies, US Bank, Wells Fargo, AGM Financial Services, Hudson Housing Capital and Capital One.
Federal and Local Officials Celebrate Opening of Channing E. Phillips Homes in Shaw – October 22, 2016
Federal and Local Officials Celebrate Construction Kickoff for Channing E. Phillips Homes – May 22, 2015
Apartments available to individuals earning up to 60% of the Average Median Income.
Leasing office/Waiting list: 202-483-0250. Managed by CT Group.
Lincoln Westmoreland Apartments: 1730 7th Street, N.W., Washington, DC
Channing E. Phillips Homes: 1710 7th Street, N.W., Washington, DC