1736 Rhode Island Ave NE is a 61-unit affordable housing project located in Brookland. The project is selected to receive funding from the Housing Production Trust Fund (HPTF) through DC’s Department of Housing and Community Development (DHCD). Lock7 is excited to bring our experience in development to the city’s need for affordable housing.
This property is currently under construction.
Expected completion date is Spring 2020. Please email MillsPlace@res1.net to be placed on the interest list.
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Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Mills Place is managed by Residential One.