
The property had been under contract with a market-rate
buyer with no affordability restrictions in place. The Tenants Association organized and successfully exercised
their rights to acquire the property.
As the Washington Interfaith Network (WIN) explains,
rehabilitation is underway on 130 existing apartments. There will also be 10 new apartments
and rooms for community gatherings, a computer center, and exercise. The Latin
American Youth Center and the Latino Economic Development Center will provide
on-site supportive services, including after school tutoring, financial
literacy courses, and health and wellness training.
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