The Petworth neighborhood in Northwest Washington, like many areas of the District, has become increasingly expensive for renters drawn to the neighborhood’s many shops and restaurants as well as by access to Metro.
To preserve and enhance affordable housing, the D.C. Housing Finance Agency recently provided financing for the construction of Spring Flats Family, the second phase of redevelopment of the site at 1125 Spring Rd. NW in Petworth. Additional financing for Spring Flats Family is provided through a $10.4 million loan from the D.C. Department of Housing and Community Development’s Housing Production Trust Fund.
Washington Post/Michele Lerner