In partnership with Standard Communities, Housing on Merit recently completed an extensive preservation project at their Fort Chaplin Park Apartments in Washington, D.C. The project completion was celebrated with a ribbon cutting event attended by Mayor Muriel Bowser and Councilmember Vincent Gray, who lauded the important impact the project will have in the community for decades. “Housing on Merit is tremendously proud to be a part of such a collaborative effort that will improve the quality of life for hundreds of families residing at the Fort Chaplin Park Apartments,” said Executive Director, Jennifer Litwak. “Preserving the affordability of these units combined with completing the large community renovation is a unique accomplishment for all of the parties involved.” The redevelopment project ensures that all 549 units at Fort Chaplin Park Apartments will remain affordable to low- and moderate-income households for the next 30 years. Standard Communities and Housing on Merit were selected as development partners by the Chaplin Hope Tenant Association, and this project is the largest tax-exempt bond, preservation deal in the District’s history.
May 15, 2019