Washington, D.C.—March 29, 2021— Jubilee Housing’s EucKal project has been selected to advance to the next stage of underwriting for the Department of Housing and Community Development’s (DHCD) 2019 Consolidated RFP round. 

Jubilee Housing is honored to be selected by Mayor Muriel Bowser and the Department of Housing and Community Development (DHCD) to help the District advance towards the goal of creating 12,000 affordable homes by 2025. 

The EucKal project, which includes two properties – 1724 Kalorama Road NW and 1460 Euclid Street NW – will create 50 units of justice housing in Ward 1’s neighborhoods of Adams Morgan and Columbia Heights. The properties were both acquired in 2018, using acquisition financing from United Bank, LISC and the Justice Housing Partners Fund.

“As we begin to rebound from the pandemic, it is critical to invest in initiatives that provide access to prosperity for residents with fewer financial resources. Locating deeply affordable housing in resource rich neighborhoods helps connect residents to greater opportunity, while promoting greater inclusion and equity for the city as a whole,” said Jubilee Housing CEO Jim Knight. 

1460 Euclid Street NW was acquired under DC’s Tenant Opportunity to Purchase ACT (TOPA). This new addition to Jubilee’s portfolio will preserve 25 units of deeply affordable housing for hardworking families in Columbia Heights, including five 3-bedroom and two 4-bedroom units.

1724 Kalorama Road NW is a 22,000 square foot vacant commercial building that will be redeveloped into a five-story mixed-use building offering affordable multi-family housing and valuable community services. Once renovated, two-thirds of the 25 units will be two and three bedroom units addressing a citywide need for family-size apartments. In addition, the approximately 6,000 square foot ground floor will allow Sitar Arts Center to expand their summer youth arts program and digital media program for young adults.

“This will allow Sitar to expand all of our current programming, and especially Camp Sitar, that always has a long waitlist of families seeking high quality, affordable summer learning. Sitar’s goals for expanded programming are needed now more than ever,” said Maureen Dwyer, executive director, Sitar Center.