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District of Columbia Housing Finance Agency Expands Affordable Housing Investments With Shepherd Park in Ward 4 Neighborhood

WASHINGTON, DC - The District of Columbia Housing Finance Agency (DCHFA) closed out the month of June by financing the construction of Shepherd Park Apartments. DCHFA issued $16.3 million in tax exempt bonds and underwrote $1.8 million in Low Income Housing Tax Credits for the construction of 66 new affordable apartments at 7428 Georgia Avenue NW in Ward 4. “Every deal that the Agency closes creates more affordable housing for District residents and brings us closer to meeting Mayor.

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