Naturally Occurring Affordable Housing
Transit-Oriented, DC Metro Location
Close Proximity to Large Employers
JV Structure - $3m Investment
RUBS Program Potential
Low-Cost, Interior Upgrade Potential
Affordable and HAPI Programming Potential
Water Conservation Potential
Fitness Center - New Equipment
Outdoor Lounge - New Furniture
Playground - Upgraded
Laundry Facilities - New and on every floor
Elevator - More Speed
Controlled Access Entry - System Fix
Onsite Management/Maintenance - New Team
Package Receiving - System Implementation
Low cost, value add aesthetic interior and exterior improvements and upgrades to shared spaces and amenities.
Ensure the majority of rent levels are affordable for those making at or less than 80% of Area Median Income (AMI).
Replace copper piping with PVC to drastically reduce cost and waste from existing plumbing leaks.
Healthy Apartment Property Initiative's (HAPI) free ON-SITE customized high reward health and wellness programming.
Install water and energy efficient appliances like low-flow toilets, LED lighting.
Individually meter townhomes, properly bill back townhome owners for accurate water usage.
Total Equity Investment: $8.0M
Impact Housing REIT will serve as controlling GP interest with JV partner in an LP capacity
Impact Housing REIT Offering*