Gaining Assets through Acquisition
Benning Heights Apartments Washington, DC THE ACQUISITION for the rehabilitation and preservation of the 148-unit Benning Heights Apartments in 2015 was made possible by affiliating with its tenant association. This beautifully landscaped community of 1- to 3-bedroom apartments is 20 minutes from downtown Washington, DC workplaces. The community and residence features include a playground as well as area parks, nearby bus and subway transportation, on-site laundry facilities, air-conditioning, linen closets, energy-efficient kitchen appliances, and 24-hour emergency maintenance.
Parkchester Apartments Washington, DC WORKING WITH THE PARKCHESTER APARTMENTS TENANT ASSOCIATION, NHPF was able to acquire this 94-unit complex in Southeast DC during the past year. The property will be significantly rehabilitated and offers wall to wall carpeting, on-site laundry facilities, a controlled access entry system, free off-street parking, and 24- hour emergency maintenance. Metrobus transportation is right outside the complex, and a newly constructed recreation center is located just across the street. Tenants have a variety of retail shops within walking distance of their 1-, 2-, and 3-bedroom homes.
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NHPF Fiscal Year 2015 Annual Report
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