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City and community officials broke ground on Capitol Vista, a 104-unit affordable housing community in the Mount Vernon Triangle neighborhood in Ward 6.

“As our city continues to grow and prosper, my Administration has remained laser-focused on ensuring residents of all backgrounds and income levels have access to safe and affordable places to live across all eight wards,” said Mayor Muriel Bowser at the September 25 event. “Capitol Vista is an example of how we are meeting the diverse housing needs of Washingtonians and creating pathways to the middle class at the same time.”
 
Located at 810 New Jersey Avenue, N.W., Capitol Vista will be comprised of studio-, one-, and two-bedroom units for households earning up to 50 percent of the median family income (MFI) or $58,600 for a family of four. Capitol Vista will be a 100 percent affordable community with 3,000 square feet of ground floor retail and space for public art.

“This $50.7 million development will soon be home to District of Columbia residents with a variety of incomes thanks to the team work between District agencies and the developers,” said District of Columbia Housing Authority Executive Director Tyrone Garrett. “DCHA is providing subsidy for 21 units with Local Rent Subsidy Program funding. Add in the creative mix of funding from low income housing tax credits, the Housing Production Trust Fund, debt service, and deferred development fees, among other funding streams, and you get quality affordable housing in a well-served area of the city.”

Capitol Vista is located in a transit-oriented neighborhood within walking distance of four Metro stations and bus routes. It is also close to a grocery store, multiple places of worship, a library, recreation and restaurants, as well as downtown, employment centers and jobs.
 
Amenities for residents include a fitness center, conference room, clubroom, roof terrace, and bicycle parking.
 
The Capitol Vista affordable housing community was made possible through a collaboration of D.C. government agencies, including the Office of the Deputy Mayor for Planning and Economic Development, D.C. Department of Housing and Community Development, D.C. Housing Finance Agency, and D.C. Housing Authority. Voltron Community Partners comprised of Dantes Partners LLC, Spectrum Management LLC, The Menkiti Group and Bailey Real Estate Holdings, will develop the project.

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Last modified: 10/12/2018 2:52:07 PM

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