MHP’s acquisition of Worthington Woods Apartments in the District of Columbia’s Congress Heights community has been recognized by the Washington Business Journal as one of the Best Real Estate Deals of the year. The purchase of Worthington Woods ensures that its more than 690 residents can reside in homes that will remain affordable. The acquisition spurred the creation of a tenants’ organization which is collaborating with MHP to develop programs to enhance residents’ quality of life. The deal was completed with the D.C. Affordable Housing Preservation Fund, and is MHP’s first acquisition in the District.
MHP is grateful to all of the partners in this project, including DC Mayor Muriel Bowser, DC Housing Authority, Sandy Spring Bank, Capital Impact Partners, Latino Economic Development Center, Anacostia Economic Development, Eisen & Rome, PC, and Residential One Real Estate, as well as the Worthington Woods Tenants Association.