5-story 99-units of affordable rental housing with retail, commercial space.
Congregation remained on the property in their original sanctuary building.
Faith-Based Affordable Housing Location
Units: 99
Completed: 2019
Cost: $60000000
City: Washington DC
State: District of Columbia
Beacon Center
Project & Congregation Details
Congregation Information
House of Worship: Emory United Methodist Church
Denomination: United Methodist
Leadership: Pastor Joe Daniels
Community Development Corporation: Yes
Location Information
State: District of Columbia
City: Washington DC
Geography: Urban
Neighborhood: Brightwood
Project Information
Completed: 2019
Cost: $60000000
Developer: The Community Builders
Land: Leased to The Community Builders
Housing Type:
Funding
Local
$17.2 million from the D.C. Department of Housing and Community Development’s Housing Production Trust Fund, $21.6 million in bonds from the D.C. Housing Authority, DCHA is administering $215,352 annually in Local Rent Supplement Program funds to support eight efficiency and one-bedroom units for formerly homeless persons.
Federal
$16 million from low-income housing tax credits, $7.5 million from NMTC$16 million from low-income housing tax credits, $7.5 million from NMTC