Since January, 2003

Ad by HillAds
 (a random before-and-after moment)
May 1, 2008
July 12, 2014
2nd (West) at H, Looking South (see more)

The DC Housing Authority, which has been unable to find a corner of the financial markets unfrozen enough to buy bonds that in normal times would help pay for infrastructure and redevelopment, is applying for $9.5 million from a nearly $1 billion Housing and Urban Development "Capital Fund Recovery Act" fund that has been created to, among other things, provide "gap financing" for public housing projects, like Capper/Carrollsburg, that are stalled thanks to the problems in the municipal bond market.
According to this "narrative and schedule" that DCHA included with its application to HUD, the money would finance both public infrastructure and private site improvements needed to begin the construction of the second phase of the Capitol Quarter mixed-income townhouse development (the blocks between Third and Fourth south of I), which will have 163 units, 47 of which are public housing rental units (along with 60 market-rate, 39 workforce-rate, and 17 public housing home ownership units). The narrative indicates that the $55 million Capper PILOT bonds approved by the city council last year that were to fund the new community center and infrastructure improvements not only in the Phase II blocks but also on the north and east sides of Canal Park and over to the DPW site never made it into the bond market; attempts to secure loans from both Fannie Mae and Wachovia also were fruitless.
There's a lot of detail in the narrative that I'm not going to try to summarize (I start to glaze over once I get to Low Income Housing Tax Credits [LIHTC] and anything having to do with "leveraging"):, but it does say that if awarded the HUD CFRC grant money, DCHA would immediately have its engineers complete permit drawings, which can then be put into the city's permitting process (estimated to last 90 days), after which infrastructure work can begin--the schedule at the end of the document estimates a start date of Dec. 1. This work would include repair or replacement underground water, sewer, and "dry utilities" lines, new streets, curbs, and gutters, additional lighting, and public landscaping.
The HUD funds would also be used to pay for the land preparation costs and foundation construction of the 47 public housing units, covering a $1 million gap that occurred in the planned Phase II funding thanks to problems in the LIHTC market.
The housing authority says that, if this HUD money is not forthcoming, "over $41 million in economic activity in the District will not be realized," and that "approximately 150 construction and other related jobs will not be created." Plus, the delay in building these 47 public housing units "will continue to frustrate the hopes of former residents to return to their neighborhoods in order to reestablish the deep social roots that existed prior to the demolition of their apartments."
The grants will be awarded later this summer.
The AP Press wrote a few weeks ago about this HUD program, which was expanded in May beyond just the "high performing" housing authorities originally eligible to apply for funds; this $1 billion fund is money beyond the $3 billion in stimulus money that will be going to the nation's 3,100-plus housing authorities via formula-based distributions.
(Boy, I hate to post this at 4 pm on a summer Friday, when people aren't exactly attuned to grant applications. But news is news...)
Comments (0)
 
 More About Capper
 All posts: Capper

JDLand.com Home

Comments

Brandon Green says: (6/29/09 1:50 PM)
Glad you did post it--hopefully DCHA is successful.

Add a Comment:

Comments are closed for this post.

JDLand Comments RSS Feed

See All Current News Items | Full Blog Archive

 
 Top News
  
Tell readers about your apartment/house/item
for two weeks for $5.
Someone's looking for
what you're selling!
List it here.
Recent Comments:  
E. Masquinongy on Southeast Blvd.: I wonder about the wisdom of DDOT administering this development. This is an imm...
Andrew in DC on Southeast Blvd.: It sounds like DDOT is pulling a fast one. But they wouldn't do that would they...
202_cyclist on Southeast Blvd.: Will options A1 - A3 allow for more housing to be built along the former right-o...
sumar16 on Southeast Blvd.: Thanks for the update JD. As an L Street resident overlooking the current constr...



City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
M ST SE AND HALF ST SE   ROBBERY /  08/17/14
800 B/O VIRGINIA AVE SE   THEFT F/AUTO /  08/17/14
M ST SE AND 5TH ST SE   THEFT F/AUTO /  08/15/14
1400 B/O 1ST ST SE   THEFT F/AUTO /  08/14/14
1000 B/O 1ST ST SE   BURGLARY /  08/12/14
800 B/O L ST SE   THEFT F/AUTO /  08/11/14
HALF ST SE AND L ST SE   THEFT F/AUTO /  08/11/14
1000 B/O NEW JERSEY AVE SE   THEFT /  08/07/14
1100 B/O 10TH ST SE   THEFT /  08/07/14
70 B/O I ST SE   THEFT /  08/02/14
100 B/O K ST SE   THEFT F/AUTO /  08/01/14
200 B/O L ST SE   THEFT F/AUTO /  07/30/14
L ST SE AND 2ND ST SE   THEFT F/AUTO /  07/30/14
70 B/O I ST SE   MOTOR VEHICLE THEFT /  07/29/14
70 B/O I ST SE   THEFT /  07/29/14

Active Public Space Permits Archive  
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
908 3RD ST SE    Rachel Frankel 
Issued
streetfixture; new  
 07/24/14
to
09/21/14
1026 3RD ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
09/04/14
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15
410 M ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 07/11/14
to
09/08/14
880 NEW JERSEY AVE SE    WASHINGTON GAS 
Issued
excavation; new  
 07/28/14
to
09/26/14
301 TINGEY ST SE    Potbelly Sandwich Works LLC 
Issued
new  
 03/21/12
to
11/27/14

Recent Issued Building Permits Archive  
1011 1ST ST SE   
08/11/14 
TOLL DC LP / ALBERT J. PEARCE
FB1400108 / SUPPLEMENTAL
1259 1ST ST SE   
08/11/14 
CAPITAL RIVERFRONT HOTEL LLC / CAPITAL RIVERFR HOTEL LLC
AH1400636 / CONSTRUCTION
AFTER HOURS FOR PERMIT NUMBER B1401471 FOR 8 / 12 THROUGH 9 / 11 FROM 5AM TO 7PM MONDAY THROUGH SATURDAY.
1201 4TH ST SE   
08/12/14 
JBG/FEDERAL CENTER LIC / JIM CALABRESE
AN1400129 / CONSTRUCTION
PLEASE EXTEND PERMIT AN1300174 THIS IS THE FIRST EXTENSION AND PERMIT WILL BE VALID UNTIL 1 / 31 / 2015.
1212 4TH ST SE   
08/25/14 
FC 1212 LLC / MARK E. RESNICK
E1408462 / SUPPLEMENTAL
1331 4TH ST SE   
08/14/14 
F. C. 1331 LLC / FVI 2020
B1402843 / CONSTRUCTION
CONSTRUCTION OF A BRAND NEW 11 STORY BUILDING. THE BUILDING IN TOTAL IS 350 000 SQ FT. ADDING 327 RESIDENTIAL RENTAL UNITS 20 000 SQ FT. IN COMMERCIAL SPACE AND 3 BELOW GRADE PARKING LEVELS.
   
08/15/14 
CLARK CONCRETE
AH1400650 / CONSTRUCTION
AFTER HOURS TO POUR CONCRETE ON JOBSITE FROM 7AM TO 7PM FROM SUNDAY TO SATURDAY 8 / 15 / 2014 TO 11 / 15 / 2014
1000 5TH ST SE   
08/13/14 
UNITED STATES OF AMERICA /
FD1400132 / CONSTRUCTION
NEW FOUNDATION TO GRADE PERMIT FOR NEW COMMUNITY CENTER INCLUDING UTILITIES. REVISION TO FD1400029 TO REVISE STRUCTURAL DETAILS OF COLUMS.
   
08/20/14 
UNITED STATES OF AMERICA / BRUCE G. PICKETT
E1408304 / SUPPLEMENTAL
1220 12TH ST SE   
08/27/14 
FAIRBANKS MORSE ENGINE / EVAN O'BRIEN/ D MCKEEVER SERVICES
B1411219 / CONSTRUCTION
INTERIOR ONLY NON-STRUCTURAL ALTERATION TO EXISTING OFFICE SPACE. WORK INCLUDS MINOR PARTITION CHANGES AND THE ASSOCIATED HVAC AND ELECTRICAL ALTERATIONS.
1015 HALF ST SE   
08/12/14 
HALF ST SE LLC / SAM HOLLEN RAMCO OF DC INC.
TL1400162 / CONSTRUCTION
INTERIOR TENANT LAYOUT OF 1ST FLOOR PERFORMANCE STUDIO SPACE AND OFFICE SPACE. PARTITIONS FURNITURE MECHANICAL ELECTRICAL AND LIFE SAFETY. CBS
   
08/15/14 
HALF ST SE LLC / ROBERT L HUNTER
M1402951 / SUPPLEMENTAL
   
08/16/14 
SAM HOLLEN / DONALD VEALS; SAM HOLLEN; DONALD VEALS
E83010192 / SUPPLEMENTAL
200 I ST SE   
08/08/14 
DANIEL RILEY / OMAR BIAGAS; DANIEL RILEY; JOHN BIAGAS
E47247428 / SUPPLEMENTAL
41 L ST SE   
08/20/14 
WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (WMATA) / SAMIR ALQUTRI - GEOTECHNICAL SOLUTIONS INC.
SB1400402 / CONSTRUCTION
GSI PLANS TO DRILL 4 SOIL TEST BORINGS TO CONFIRM SOIL STRENGTH WITH A HOLLOW-STEM AUGER EQUIPPED WITH A SPLIT SPOON SAMPLER FOR THE SPT N-VALUE TESTS DOWN TO A MAXIMUM DEPTH OF 80 FEET BELOW EXISTING GRADES. ALL BORINGS WILL BE DRILLED TO THE MAXIMUM DEPTH OR AUGER REFUSAL WHICHEVER OCCURS FIRST. THE BORE HOLES DIMENSION WILL BE 3.25 INCHES AND SHALL BE GROUTED UPON COMPLETION.
20 M ST SE   
08/22/14 
TRANSWESTERN JEFFERY W GROSS / ANDREW ARNTSON; TRANSWESTERN JEFFERY W GROSS; ANDREW ARNTSON
P96600069 / SUPPLEMENTAL
   
08/22/14 
TRANSWESTERN JEFFERY W GROSS / ANDREW ARNTSON; TRANSWESTERN JEFFERY W GROSS; ANDREW ARNTSON
G22130990 / SUPPLEMENTAL
   
08/25/14 
SUBWAY / N/A; DAMON ELLIS
SG1400416 / CONSTRUCTION
INSTALLATION OF NON ELECTRIC SIGN 10FT 8IN LENGTH 2IN WIDE 25IN HEIGHT
   
08/27/14 
JOHN GLUSEPPE-RAMCO / CARL LAVENDT; JOHN GLUSEPPE-RAMCO; CARL LAVENDT
E10905761 / SUPPLEMENTAL
100 M ST SE   
08/16/14 
NORTHWOOD INVESTERS LLC / STANLEY HUBBARD; NORTHWOOD INVESTERS LLC; STANLEY HUBBARD
E14516088 / SUPPLEMENTAL
901 M ST SE   
08/14/14 
CARLTON RAY
AH1400642 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1201 M ST SE   
08/14/14 
CARLTON RAY
AH1400641 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
861 NEW JERSEY AVE SE   
08/21/14 
CONSOLIDATED RAIL CORPORATION / ROBERT COLISH
P1407975 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
08/12/14 
NJA ASSOCIATES LLC / COLIN CLARK
B1308085 / CONSTRUCTION
CONSTRUCT A NEW 13 STORY APARTMENT BUILDING WITH THREE BELOW GRADE PARKING LEVELS FIRST FLOOR RETAIL A PRIVATE SWIMMING POOL PROJECTIONS OF BAY WINDOWS 324 UNITS TO INCLUDE MECHANICAL PLUMBING ELECTRICAL AND ELEVATOR WORK.
1200 SOUTH CAPITOL ST SE   
08/26/14 
MR BALLPARK 4 LLC. / MR BALLPARK 4 LLC.; RPS INC.
SB1400375 / CONSTRUCTION
ENVIRONMENTAL SOIL BORINGS FOR DUE DILIGENCE INVESTIGATION. ADVANCE A SERIES OF 10 ENVIRONMENTAL SOIL BORINGS AT THE SUBJECT SITE TO COLLECT SOIL AND GROUNDWATER SAMPLES FOR FIELD SCREENING AND LABORATORY ANALYSIS. THE SOIL BORINGS ARE BEING CONDUCTED AS PART OF A DUE DILIGENCE INVESTIGATION ASSOCIATED WITH A REAL ESTATE TRANSACTION. INVESTIGATION DERIVED WASTE -IDW- WILL BE LABORATORY TESTED AND ...
1230 SOUTH CAPITOL ST SE   
08/21/14 
PUBLIC STORAGE INSTITUTE FUND / RAYMOND SCIANNELLA
E1408379 / SUPPLEMENTAL
   
08/21/14 
PUBLIC STORAGE INSTITUTE FUND / CHRIS WING
B1410888 / CONSTRUCTION
INTERIOR ALTERATION TO EXISTING SELF STORAGE BUILDING TO REPLACE FIRE ALARM SYSTEM.
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory




Blog/Home
Project Directory
Photo Archive
Event Photos
 
Nats Park
Food Map
What's New
History

 
Demolished Buildings
Historic Photos
Satellite Images
Timeline
 
About JDLand
Message JD
Advertise
Photo Use
 
     © Copyright 2014 JD.