The Hampshire

56 units of affordable, family housing undergoing renovation in Washington, DC (Ward 4).

Project Summary

The Hampshire currently offers 53 garden-style walk up apartments in three-story buildings in the walkable neighborhood of Fort Totten in Washington, DC (Ward 4). Through a request for proposal (RFP) and selection process, the tenants of 5000 and 5040 New Hampshire Ave NW selected Wesley Housing to be their designated developer for the rehabilitation of the property.

The tax-credit financed rehabilitation plan is a combination of production and preservation, including the addition of three new units, modernization of the existing units, creation of a community room, and various “green” upgrades such as a solar system and high-efficiency LED lighting.

Site Address

5000 & 5040 New Hampshire Avenue NW

Washington, DC 20011

Email

wesleyhousing@whdc.org

Fast Facts

Unit Breakdown

56 units
15 Studio
37 One bedrooms
4 Two bedrooms

Key Financing

9% Low-Income Housing Tax Credit
$1.85 million DC Housing Production Trust Fund (HPTF)

Building Amenities

Community room
Indoor bicycle storage
On-site laundry facilities
Outdoor terrace

Incomes Served

Units will serve individuals and families with incomes at or below 80% Area Median Income (AMI).

80% of units below 60% AMI.

Estimated Completion

Winter 2022

Project Timeline

Finance Closing

Summer 2021

Construction Start

Summer 2021

Construction End

Winter 2022

Lease Up

Winter 2022

In Partnership With

Wesley Housing Partnerships Key Contributors Truist