Mayor Bowser Celebrates New Affordable Homeownership Opportunities in Ward 8

Strategic Insights -

Mayor Muriel Bowser joined community members to celebrate the ribbon cutting of The Ana Townhomes, a new family-sized townhome community in Ward 8, just steps from the Anacostia Metro Station. The project, made possible through a $1.6 million investment from the DC Housing Finance Agency's (DCHFA) Housing Investment Platform (HIP), provides 20 new townhomes, including six units designated for households earning between 50% and 80% of the Median Family Income (MFI). The Ana Townhomes represent Mayor Bowser's continued commitment to building affordable housing and creating affordable homeownership opportunities.

Key Takeaways:

  • The Ana Townhomes project was made possible through a $1.6 million investment from the DC Housing Finance Agency's (DCHFA) Housing Investment Platform (HIP).
  • The project provides 20 new townhomes, including six units designated for households earning between 50% and 80% of the Median Family Income (MFI).
  • The townhomes were developed in partnership with H2 Communities, H2 Design Build, and ASSET Management Consulting.
  • The project represents Mayor Bowser's continued commitment to building affordable housing and creating affordable homeownership opportunities.
  • In her ten years as mayor, Mayor Bowser has invested over $1.4 billion in the Housing Production Trust Fund.
  • Mayor Bowser's FY26 Budget, Grow DC, includes an additional $100 million for affordable housing and homeownership opportunities.
  • The Ana Townhomes are part of the Mayor's Growth Agenda for DC, which aims to ensure the District remains a great place to live, work, and do business.

Statistics:

  • $1.6 million: The amount invested by the DC Housing Finance Agency's (DCHFA) Housing Investment Platform (HIP) to make the project possible.
  • 50% MFI: The income threshold for three reserved affordable housing units, while three units are reserved for households earning up to 80% MFI.
  • 20: The number of new townhomes provided in the project.
  • 14: The number of townhome units targeted toward workforce housing.
  • 1,800 square feet: The average size of each townhome unit.
  • 10 years: The length of time Mayor Bowser has been investing in affordable housing through the Housing Production Trust Fund.
  • $1.4 billion: The total investment made by Mayor Bowser in the Housing Production Trust Fund.
  • $100 million: The additional funding included in Mayor Bowser's FY26 Budget, Grow DC, for affordable housing and homeownership opportunities.

Sources:

  • Office of the Mayor of Washington, D.C.
  • DC Housing Finance Agency's (DCHFA) Housing Investment Platform (HIP)
  • H2 Communities
  • H2 Design Build
  • ASSET Management Consulting
  • Office of the Deputy Mayor for Planning and Economic Development