Standard Communities Completes Public-Private Partnership that Preserves and Extends Much Needed Affordable Housing in Washington, D.C.
"Praised by D.C. Mayor Muriel Bowser and Congresswoman Eleanor Holmes Norton, Standard Communities’ acquisition and rehabilitation of the 549-unit Fort Chaplin Park Apartments was the largest tax-exempt bond and Low Income Housing Tax Credit-financed preservation of affordable housing transaction in Washington, D.C., history. Fort Chaplin Park Apartments received the Affordable Housing Tax Credit Coalition’s Excellence Award in the Preservation Category and features the largest rooftop community solar system in D.C." said Scott Alter, Principal and Co-Founder of Standard Communities.