I am currently sitting in the BACA meeting and Anita Bonds mentioned, and I was shocked to hear that there was supposed to be an element of residences in the Bundy School. Anyone know anything about this?
5 thoughts on “Bundy School and Housing?”
Comments are closed.
yes. anita speaks the truth, as always.
rr446
Arg! Anonymous comments are annoying. Sorry but no anons.
I seem to remember that over two years ago when Safe Shores came to an ANC meeting, they specifically said that there would not be anybody staying in the property overnight.
Mari:
See this item from the July 2, 2009 Bloomingdale Email.
It is an article from the Washington Business Journal on developers soliciting funding for affordable housing.
One of the projects mentioned is for affordable housing at LAYC — which took me by surprise, as well:
++++++++++++++++++
Affordable Housing Developers Seeking Federal Stimulus Money: Latin American Youth Center Seeking $$ For Affordable Housing at the Cook School at 30 P Street NW in Truxton Circle
Note the list of applicants. You will see area addresses as well as area organizations, including LAYC.
Thursday, July 2, 2009, 2:37pm EDT
Developers want part of $33.7M for affordable housing
Washington Business Journal – by Jonathan O'Connell Staff Reporter
[http://washington.bizjournals.com/washington/stories/2009/06/29/daily75.html]
Developers of 22 affordable housing projects in D.C. are seeking a slice of $33.7 million the city will receive in federal stimulus money from the Treasury Department.
The money, divvied to D.C. and the states by formula, will allow the city to provide grants aimed at jump starting or completing construction or rehabilitation of below market rate housing units that have stalled in the recession.
The developers applying for funds are working on projects all across the city, in neighborhoods including Anacostia, Brightwood, Mount Pleasant, Petworth and Trinidad. The city’s own sources of affordable housing subsidies have been deeply hampered by the slow real estate market.
D.C. Mayor Adrian Fenty said in a June 23 statement that the money “will have an immediate and critical impact on the development and rehabilitation of affordable housing” and would bring jobs for D.C. residents.
The city’s Department of Housing and Community Development began seeking developers in April, two months after President Barack Obama signed the American Recovery and Reinvestment Act of 2009. Projects must be eligible for federal low-income tax housing tax credits, government-issued tax breaks that developers can use to attract private financing. The value of the tax credits has fallen dramatically in the recession, leaving many projects with shortfalls.
DHCD is hoping to maximize funding for projects that will provide units for elderly, special needs or chronically homeless individuals and families in need of supportive services. Spokeswoman Angelita Colon-Francia said she was not sure when the agency will make funding decisions.
In addition to the $33.7 million in Treasury funds, the federal government has committed another $94.58 million to D.C. in stimulus money for housing programs, according to the Web site Recovery.gov. Of that, another $11.6 million will also be dedicated to projects eligible for low-income housing credits.
The applicants (a partial list):
Developer / Project / Address / Applying for
North Capitol Collaborative Inc. / 4924 Nash St. NE / 4924 Nash St. NE / ?
Artspace Projects Inc. / Brookland Artspace Lofts / 3305-3313 8th St. NE / $8.4 million
Delta Housing Corp. / Delta Towers Senior Community / H Street and Florida Avenue NE / NE $4.3 million
E&G Property Services Inc. / Five properties in NW, NE and SE / $7.5 million
Neighborhood Development Co. / The Heights on Georgia Ave. / 3232 Georgia Ave NW / $1.3 million
Israel Manor Inc/Israel Baptist Church / Israel Manor Senior Housing / 10th Street and Rhode Island Avenue NE / $730,000
Banneker Ventures LLC and Bank of America CDC / The Jazz @ Florida Ave. / 700 and 800 blocks of Florida Avenue NW / ?
Latin America Youth Center / John F. Cook School / 30 P St. NW / $1.74 million
So Others Might Eat Inc. / Mellon Street / 523-525 Mellon St. SE / $2.7 million
So Others Might Eat Inc. / Naylor Road / 2765 Naylor Road, SE / $2.4 million
Mission First Development/Henson Development Co. / The SeVerna / 1015 1st St NW / $995,000
there was to be housing at Bundy. Lightfoot eyeballed the property…then, in the middle of the night without community discussion, the zoning administrator changed the zone at Bundy to office function and Safe Shores took it which ended the the posibility of housing at Bundy.
and that's what happened.
rr446