CASE STUDIES

Hilltop Apartments (Deanwood, DC)

Hilltop Apartments (Deanwood, DC)

WinnDevelopment won the competitive TOPA rights and partnered with the community’s Tenant Association to carry out substantial renovations without displacing tenants. Total project cost of $27.4MM.

The Solstice (Greenway, DC)

The Solstice (Greenway, DC)

MidAtlantic Realty Partners, one of the leading market rate developers in DC, partnered with Taylor Adams Associates for Phase I of The Solstice, which will produce 137 units of affordable housing on East Capitol Street NE.

1164 Bladensburg Road NE (Trinidad, DC)

1164 Bladensburg Road NE (Trinidad, DC)

Neighborhood Development Company and Arten Bladensburg LLC closed on $23MM in financing to construct 65 units of affordable housing in January, 2018. The units will be reserved for seniors aged 55 and older.

Bethel Gardens (Hagerstown, MD)

Bethel Gardens (Hagerstown, MD)

Local nonprofit Bethel Corporation and Hudson Valley Property Group closed on $18.5MM of financing to renovate this vintage HUD 236 asset in Washington County with bonds issued by Maryland CDA under a RAD conversion

Westminster House (Baltimore, MD)

Westminster House (Baltimore, MD)

This 50-year-old high rise closed on $45MM in financing in June 2017 to complete substantial renovations which will benefit the senior residents for years to come.

Bowen Flats (Anacostia, DC)

Bowen Flats (Anacostia, DC)

This development brought 41 brand new mixed income units to downtown Anacostia, less than 1,100 feet from the Metrorail Station

Atlantic Terrance and Atlantic Gardens (Bellevue, DC)

Atlantic Terrance and Atlantic Gardens (Bellevue, DC)

WinnDevelopment closed on $69MM of multi-layered financing for Atlantic Gardens and Atlantic Terrace in Washington, D.C.

St. Stephens (Deanwood, DC)

St. Stephens (Deanwood, DC)

This $23 MM transit-oriented development created a mixed income community that includes 18 units of Permanent Supportive Housing in collaboration with the Department of Behavioral Health and the District of Columbia Housing Authority.

The Heights on Georgia Avenue (Petworth, DC)

The Heights on Georgia Avenue (Petworth, DC)

Neighborhood Development Company and Mi Casa, Inc. closed on $24MM in financing for this mixed-use building located at 3232 Georgia Avenue, NW.

Progression Place (Shaw, DC)

Progression Place (Shaw, DC)

Four Points LLC secured $23MM of New Market Tax Credit allocation for $150MM Mixed-use Development that includes over 320,000 GSF of office space, storefront retail, apartments and below-grade parking.

DC Housing Authority - Technical Assistance

DC Housing Authority - Technical Assistance

Audubon Enterprises was selected to provide technical advisory services to the District of Columbia Housing Authority (“DCHA”) in 2013 and again in 2014.

VIDA Senior Residences (Brightwood, DC)

VIDA Senior Residences (Brightwood, DC)

Ground up construction of 36 units funded with 9% LIHTC.