R Street Apartments is a historic 124 unit apartment property consisting of 5 buildings known as Wardman Row.  Built between 1911 and 1912 the scope consisted of a $7.8 million rehab including an update of all major systems, roofs, kitchens, flooring, and common areas as well as the addition of six new market rate units.

Financing includes tax-exempt bonds, 4% LIHTC, historic tax credits, DHCD subordinate financing, and Green Communities funding.

All

Tax-exempt bonds, 4% LIHTC, historic tax credits, DHCD subordinate financing, an

Hampstead Development Group, Inc., Chris Foster, & National Housing Trust / Enterprise Preservation Corporation