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DHCD Closes On Its First Project Under New Underwriting Process

Wednesday, December 31, 2014
The Department closes on the 186 affordable rental unit project in Ward 7 in six months.

WASHINGTON, DC – On December 23, 2014, the DHCD closed on The Grove at Parkside (The Grove), a 186 unit affordable housing property in the Parkside neighborhood of Ward 7. This is the first project to close under the agency’s new NOFA underwriting process.