Goodwill of Greater Washington’s Post

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Big news! Last week, the Virginia Housing Board approved the award of highly competitive 9% Low-Income Housing Tax Credits (LIHTC) to our upcoming apartment community in partnership with Goodwill of Greater Washington. The $1,950,000 annual tax credits will allow approximately $17.5 million in LIHTC equity to be invested in the project to fund the new construction of 63 apartment homes. These homes are part of a larger development that includes 128 total apartments, a childcare center, and a brand-new Goodwill retail and donation center. Next up, we'll submit our application for non-competitive 4% tax credits to help fund the rest of the homes!

  • Rendering of affordable housing community with Goodwill of Greater Washington. Light blue circle graphic in top right with teal text, "AHC project with Goodwill wins tax credits!" White circle graphic with AHC logo in bottom right.
Andrew Colbert

Trusted Advisor for wireless technology in government and for Native American Tribes. Also a proud husband, father, grandfather, great grandfather and friend. Let's connect to see how I can help you.

1mo

Congratulations on your accomplishment.

Edwin Roan Sr.

Community Outreach Specialist at Employ Prince George's | Building community partnerships and engagement

1mo

Outstanding!

GRETA HARRIS

President & CEO, Better Housing Coalition and Independent Director, Markel Group (MKL)

1mo

Congratulations!!

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