Nonprofit developer, DCHA close on financing for multi-family affordable housing development at Barry Farm
Nonprofit Preservation of Affordable Housing (POAH) and the District of Columbia Housing Authority (DCHA), in partnership with the Deputy Mayor’s Office for Planning and Economic Development (DMPED), have closed on the financing for The Edmonson, the second new construction building in Phase I of the Barry Farm redevelopment project in Southeast Washington, DC.
The Edmonson will include 139 affordable units, including 50 replacement units for former Barry Farm residents, 20,000-square-feet of ground floor retail space, shared community spaces and outdoor amenities.
The Barry Farm redevelopment project, located east of the Anacostia River and just south of Historic Anacostia, is being developed under the New Communities Initiative (NCI), a District Government program designed to revitalize severely distressed subsidized housing and redevelop neighborhoods into vibrant mixed-income communities.
