Real Estate Developments

Gibson Plaza Apartments

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Description

Gibson Plaza Apartments is a 10-story section-8 housing complex owned by First Rising Mt. Zion Baptist Church Housing Corporation. The renovation plans include new energy efficient features to lower operating cost, the exterior appearance will be enhanced, and each unit will be upgraded.

Subordinate Financing form DC includes a Grant in the amount of $8,700,083 for Green Retrofit and a DCHA loan in the amount of $6,870,083. FHA insured $22,301,800 for the development.

Gibson Plaza Apartments

Project Details

Type

Residential Development

Status

Completed

Address

1301 7th St NW

City

Washington

State

DC

Zipcode

20001

Construction

Renovation

Start Date

2010

Expected Completion Date

2013

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Source(s):
HUD
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Number of units for rent

219

Number of units for sale

0

Number of affordable housing units

219

LEED Designation

Project Cost

0

Parking Spaces

Zoning

R-5-D

Hotel Rooms

0

Retail Space

0

Office Space

0

Square Footage

0

Lowest Housing Sales Price

Highest Housing Sales Price

0

Lowest Rent Price

Highest Rent Price

0

Neighborhood:

Northwest Washington,Shaw

Housing Rental Price Range:

Housing Sales Price Range:

# of Residential Units in Progress:

Hotels Rooms in Progress:

Office Space in Progress:

Retail Space in Progress:

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          We're working on finding the right contacts for this project.

          Sources:

          HUD

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          Office Location
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            Phone: 202-788-0407
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