Yahoo Finance MEDIA ADVISORY: The District of Columbia Housing Finance Agency cuts the ribbon on The Douglass: A Todd A. Lee Townhome Community in Anacostia
Washington, D.C., Sept. 23, 2021 (GLOBE NEWSWIRE) --
WHO:
Christopher E. Donald, Executive Director/CEO, District of Columbia Housing Finance Agency
Polly Donaldson, Director, District of Columbia Department of Housing & Community Development
Trayon White, Councilmember, Ward 8
Anita Bonds, Councilmember at Large, Council of the District of Columbia
Harvey Yancey, Managing Member, H2DesignBuild
Sonja Wells, EVP & Chief Lending Officer City First Broadway
Melissa Lee, Senior Vice President of Capital and Investments, Menkiti Group & Wife of Todd A. Lee
Kori Heyward, Homeowner at The Douglass
WHAT:
DCHFA will cut the ribbon on its third fully completed Housing Investment Platform (HIP) project. The Douglass: A Todd A. Lee Townhome Community. The Douglass consists of eight townhomes reserved for residents earning workforce incomes (between 60-120 percent of area median income). H2DesignBuild, the developer of the project, has also successfully delivered two other HIP projects, Elvans Road Townhomes (Ward 8) and Cynthia Townhomes (Ward 7). DCHFA established HIP as a platform for innovative investments that will increase the Agency’s support of the D.C. housing market outside of traditional bond and tax credit financing. The Agency partners emerging Certified Business Enterprise developers to construct the new communities. These eight townhomes are the first of many Todd A. Lee Townhome Communities, a tribute to DCHFA’s former executive director & CEO Todd A. Lee who passed away at the beginning of 2020.
WHERE:
The Douglass
2514 West Street Southeast Washington, DC 20020
WHEN:
September 24, 2021
12:00 p.m.
Attachment
CONTACT: Yolanda McCutchen DC Housing Finance Agency 202-777-1650 ymccutchen@dchfa.org Susan Ortiz DC Housing Finance Agency 202-777-1618 sortiz@dchfa.org
