HPTF Financing Will Preserve Affordable Rental Units in Wards 1 and 8
(WASHINGTON, DC) – The DC Department of Housing and Community Development (DHCD) closed two loan agreements totaling more than $7.5 million that will help preserve more than 60 affordable rental housing units — capable of housing over 150 residents — in Wards 1 and 8. The funding was made available through the Housing Production Trust Fund (HPTF).