218 Vine Street NW

Rentals Pending
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218 Vine Street Northwest, Washington, DC
Apartment
121 Units
5 Stories
Construction Starts Winter/Spring 2020
218 Vine Street NW is a new apartment development currently in preconstruction at 218 Vine Street Northwest, Washington. 218 Vine Street NW has a total of 121 units.

218 Vine Street NW Details

Website:
Building Type:
Apartment
Leasing Status:
Pending
Rentals Start:
-
Construction Status:
Preconstruction
Construction Start Date:
Winter/Spring 2020
Estimated Completion:
-
Architect(s):
Ceilings:
-
Interior Designer(s):
-
Marketing Company:
-
Leasing Company:
-
Amenities
Courtyard
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218 Vine Street NW Summary

Jair Lynch is developing 218 Vine in the historic Takoma neighborhood. This $50 million project was awarded subsidy from the District Department of Housing and Community Development in 2019. The project will produce 121 units of affordable housing—including 24 permanent supportive housing units—serving individuals and families transitioning from homelessness and making no more than $35,160 (30% median family income). The project received $12 million from the Housing Production Trust Fund and $11 million in 9% LIHTC equity, and was one of only 11 proposals selected for further underwriting.

Source: Jair Lynch Real Estate Partners
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218 Vine Street NW Latest News



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Updated: Aug 09, 2019
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