120 Senior Affordable Units Proposed South of the National Arboretum
✉️ Want to forward this article? Click here.
New senior housing may be in the works adjacent to the National Arboretum.
Outlier Realty and Goodwin Companies shared a preliminary proposal to ANC 5D this week for a 120-unit affordable housing development off the intersection of M Street and Maryland Avenue NE (map) for residents aged 55 and older.
story continues below
loading...story continues above
The project would require a planned unit development (PUD) application and a map amendment to rezone the site from RA-2 (moderate-density residential) to RA-4 (medium- to high-density residential). The resulting 90 foot-tall building would include amenities such as a community room, fitness center, bike room, and roof deck with garden.
The unit mix will include 13 two-bedrooms with the remainder split almost evenly between studios and one-bedrooms. Depending on financing, the units may be affordable to households earning up to 30%, 50%, and 80% of area median income (AMI), or to households earning up to 60% of AMI.
A zoning application is expected next month.
Correction: The development team has been updated for accuracy since publication.
See other articles related to: affordable housing, affordable housing dc, goodwin companies, housing up, map amendment, outlier realty capital, planned unit development, senior housing
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/120-senior-affordable-units-proposed-south-of-the-arboretum/19250.
Most Popular... This Week • Last 30 Days • Ever
A look at the closing costs that homebuyers pay at the closing table.... read »
3331 N Street NW sold in an off-market transaction on Thursday for nearly $12 million... read »
Today, we take an updated look at the pipeline of larger residential development on t... read »
As we continue to delve into metrics that shaped the DC-area housing market this year... read »
The development group behind the hotel has submitted for permit review with DC's Hist... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro