Bisnow Special Feature: Multifamily Projects Targeting Very Specific Residents
by Mission First Housingby Michelle Hofmann, Bisnow
Developers in DC have identified the need for supportive housing for grandparents caring for related children. Capital One Community Finance Team VP of originations Desiree Francis says the firm partnered with the DC Housing Finance, Agency Mission First Housing Development Corp, nonprofit Golden Rule Plaza and Henson Development Co to start construction in April on Plaza West, an $89.7M, 223-unit multifamily development with 50 units reserved for low-income grandparents caring for younger children.
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