The DC Department of Housing and Community Development (DHCD) recently closed on two loans totaling more than $3.5 million that will preserve 36 units of affordable housing in Wards 7 and 8 for two tenant associations. Most units will be set-aside for households making no more than $59,000 a year (50 percent of the 2018 Median Family Income [MFI] for a family of four). Financing was provided through the Housing Production Trust Fund (HPTF).