Jubilee Housing today announced it has received a donation of the property at 1800 Columbia Road NW, providing the nonprofit with additional capacity to expand on its Justice Housing® model and mission to build diverse, compassionate communities that create opportunities for everyone to thrive. The location is the site of a former Truist bank branch donated to Jubilee by the company.
“We are so pleased to receive this extraordinary donation and look forward to doing a full assessment of the property and existing structure, as well as engaging in a thoughtful community dialogue as we determine the best use for the property and advance Jubilee’s mission,” said Jim Knight, President and CEO of Jubilee Housing. “In the longer-term, we’ll look toward developing the site to continue meeting the community’s needs. We are grateful to Truist for donating this special property in the heart of Adams Morgan, a recognition of the important work we do to help local families facing the greatest structural barriers to access affordable homes, find opportunities, and thrive in resource-rich neighborhoods.”
Truist’s donation of the property is effective as of today, October 6, 2023. Jubilee plans to conduct a thorough assessment of the space and engage with the local community to inform its planning for the best use for the property in the short-term and long-term.
“We are honored to donate this property to Jubilee Housing, an important community- and mission-driven organization that provides essential services to D.C. families,” said Evelyn Lee, Regional President of Greater Washington & Maryland at Truist. “It is rare that the community members facing the greatest obstacles are provided the resources they need not just to survive but to thrive. Jubilee’s work is vital to Adams Morgan and the broader D.C. community, and Truist looks forward to seeing the positive change Jubilee will continue to create. At the same time, we will continue to serve the Adams Morgan community from our branch across the street at 1801 Adams Mill Road NW.”
Jubilee Housing is a nonprofit organization that develops and manages affordable housing communities in mixed-income neighborhoods and offers an array of supportive services for over 900 residents. Jubilee’s work follows a proven approach. Research shows that low-income families who live in mixed-income, resource-rich neighborhoods — like Adams Morgan — have better life outcomes. The organization works to support those with the fewest resources — two-thirds of Jubilee’s apartment homes are available for households earning 30% or below of Area Median Income, and one-third of its homes are available for households earning 60% of Area Median Income or below. The services Jubilee offers residents range from early childhood education and afterschool and summer programs for school-aged youth, to scholarships for college-bound students, to support nutrition, wellness, and financial capability for residents of all ages. About to celebrate its 50th year in the neighborhood, Jubilee currently manages thirteen properties and 464 units with another 120 units in development.