WASHINGTON, DC - NHPF, a national not-for-profit provider of quality affordable housing, announced that it has closed on the acquisition of Elm Gardens Apartments, a 3-story building with 36 apartments and parking spaces in the Takoma neighborhood of Washington, D.C. The acquisition is made possible via a $7.5M loan from the Low Income Investment Fund (LIIF) funded through the DC Preservation Fund, a joint venture between LIIF and the DC Department of Housing and Community Development (DHCD),.
New York, NY (PRWEB) November 02, 2022 NHPF, a national not-for-profit provider of quality affordable housing, announced today that it has closed on the
Earlier this week, Ward 1 Councilmember Brianne Nadeau held a roundtable on emergency rental assistance. Roundtables are basically hearings on a particular issue rather than a piece of legislation. The purpose of this one was to solicit input, particularly from service providers, on how to distribute federal emergency rental assistance.
DC will be receiving $200 million as part of a $25 billion rental relief package approved by Congress last year, for this purpose. Nadeau, the chair of the human services committee, oversees the Department of Human Services, which administers the District’s Emergency Rental Assistance Program (ERAP).
The roundtable also addressed the goings-on of the mayor’s strike force on rental housing, a group of mayoral appointees tasked with delivering 10 recommendations by mid-March on how to “save” rental housing. by mid-March. I’m on the strike force, and I welcomed the opportunity to testify on what I think it’s well-equipped to do, and what it