Partnership Breaks Ground on $67M Affordable Community in Washington, D.C.

by Jeff Shaw

WASHINGTON, D.C. — A project development team comprising Dantes Partners, Gilbane Development Co., Carding Group and H Street Community Development Corp. has broken ground on Livingston Place at Southern in Washington D.C.’s Ward 8.

The five-story community offers 152 units of affordable assisted living. Partners on the project include the D.C. Housing Finance Agency (DCHFA), the D.C. Department of Health and the Department of Healthcare Finance.

Residents must be at least age 60 and earn no more than 60 percent of the area median income.

The project is the first assisted living facility in Ward 8 and only the second with its services in the District, according to the development team.

DCHFA issued $50 million in bond financing and underwrote $15.3 million in low-income housing tax credit (LIHTC) equity for the construction of Livingston Place at Southern. Total development costs are estimated at $67 million.

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