Bellwether Enterprise Real Estate Capital LLC contributed $5.8 million to finance this project, RBC Capital is the equity partner, and Chase
Bank the Trustee for the short-term tax exempt bonds funding provided $2,217,313.
Description
McCormack Baron and Community Solutions will produce 124 micro units at 1005 North Capitol Street NE in NoMa. The low-income housing tax unit apartments are intended for use by veterans of
the U.S. military. 60 residential units will be reserved for veterans, 17 for households making 30 percent of household income, and 47 designated as affordable housing.
Project Details
Type
Residential Development
Status
In Progress
Address
1005 N. Capitol Street, NE
City
Washington
State
DC
Zipcode
20002
Construction
New Development
Start Date
Q4 2014
Expected Completion Date
December 2015
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More on This Project and Neighborhood...
Number of units for rent
124
Number of units for sale
0
Number of affordable housing units
64
LEED Designation
Project Cost
0
Parking Spaces
Zoning
Hotel Rooms
0
Retail Space
3000
Office Space
0
Square Footage
85
Lowest Housing Sales Price
0
Highest Housing Sales Price
0
Lowest Rent Price
0
Highest Rent Price
0
Neighborhood:
Near Northeast,NoMa,Northeast Washington
Housing Rental Price Range:
Housing Sales Price Range:
# of Residential Units in Progress:
450
Hotels Rooms in Progress:
0
Office Space in Progress:
0
Retail Space in Progress:
10000
Closest Metro Station:
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Closest Grocery Store within 1 mile:
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Closest License Daycare:
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Closest Hospital/Health Clinic:
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