30A — October 2025 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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O wners , D evelopers & M anagers Energy-efficient, affordable housing provides 86 modern homes for families in Southeast DC Enterprise Community Development & Durrani Development celebrate Aspire Apts. ribbon cutting
ASHINGTON, DC — Enterprise Community De- velopment and Durrani Development welcomed city and community leaders on September 30 to celebrate the ribbon-cutting of Aspire Apartments, an 86-unit af - fordable housing community in Southeast Washington, DC. The $49.1 million development provides one-, two- and three- bedroom apartments, a major- ity of which are affordable to households earning 60% of the area median income (AMI) or less. Eighteen apartments are W
reserved for families earning 30% AMI or less through the DC Department of Housing and Community Development’s Local Rental Subsidy Program. Those in attendance for the celebration included: • Colleen Green , director, DC Department of Housing and Community Development • Christopher Donald , CEO/executive director, DC Housing Finance Agency (DCHFA) • Janine Lind , president, Enterprise Community De- velopment • Shelynda Brown , VP of Real
Estate, Enterprise Community Development • Mustafa Durrani , Durrani Development • Charmekia Martin, MBA , Growth & Engagement director, Medicaid Business De- velopment, Elevance Health “Aspire Apartments shows the power of collaboration and creative investment in deliver- ing high-quality, affordable homes for families in South- east DC,” said Lind. “This com - munity not only offers modern, sustainable living spaces, but also strengthens the neighbor- hood and sets a new standard for equitable, environmentally responsible housing.” The property was designed to meet Enterprise Green Communities standards and incorporates solar panels, a green roof, and other clean energy technologies. Resident amenities include a communi- ty club room, business center, bike storage, yoga and medita - tion space, and a playground. “Aspire is a testament to what’s possible. This is more than a celebration of bricks and mortar; this is a celebra- tion of vision, resilience, and a partnership that transforms lives,” said Green. “DHCD was proud to provide financing to Aspire and will continue to provide gap funding for af- fordable housing communities throughout the District.” Aspire is the first project developed through Enter- prise Community Develop- ment’s Let’s Build Accelera- tor program. The initiative provides capital, partnerships and hands-on learning oppor- tunities to increase inclusion in real estate development for economically and socially disadvantaged developers, housing providers, commu- nity-focused developers and faith-based organizations. The project was financed as a 4% Low-Income Hous- ing Tax Credit development through a combination of public and private part- ners, including the DC Hous- ing Finance Agency, the DC Department of Housing and Community Develop- ment, R4 Capital Funding and Durrani Development. Hamel Builders served as general contractor, GPS Design, LLC as architect, Bohler Engineering as civil engineer and Residen- tial One, LLC as property manager. MAREJ
City and Community Leaders Celebrate Ribbon Cutting of Aspire Apartments in Southeast Washington, DC.
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