Friday, July 10, 2020
The D.C. Department of Housing and Community Development has provided $20.2 million in financing to rehabilitate 336 units of affordable housing for low-income households at the Park Southern Apartments complex in Ward 8.
800 Southern Avenue LLC, an entity jointly owned by Vesta Corporation and Park Southern Residents Council Inc., received $19.7 million in financing from the Housing Production Trust Fund and $530,000 in grant funding from the Department of Behavioral Health (DBH) to rehabilitate the complex located at 800 Southern Avenue SE, estimated to be completed in spring 2023.
Washington Informer Newspaper