Deanwood Hills Apartments Deanwood Hills Apartments

WASHINGTON, DC–The District of Columbia Housing Finance Agency has issued $6.10 million in long term and $10.73 million in short term tax exempt bonds that will serve as acquisition and construction financing for a $34.9 million affordable housing project in Ward 7.

The developer is a joint venture partnership between Pennrose Properties and The Warrenton Group called Deanwood Hills LLC.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.