IDS DC Inc.

The project involves the acquisition and rehabilitation of 190 units of Public Housing in Cambridge Maryland. The redevelopment is implemented through the Rental Assistance Demonstration (RAD) program. This program allows for the privatization of Public Housing facilities to allow for renovations and operational stability. The project is financed through a combination of tax exempt bonds and FHA insured debt as well as low interest rate public financing. The ownership structure is comprised of a for-profit IDS development entity as well as nonprofit partners, the Cambridge Housing Authority and the NHP Foundation.

Project Description

Project Highlights

  • Construction commenced July 2016
  • Phase 1 complete March 2017
  • Completion scheduled for the Fall of 2018

Project Status

  • 190 duplex and quadplex buildings on 23 acres
  • Full renovation including new kitchens and baths
  • Upgraded amenities including in unit washer and dryer, Dishwasher and open kitchen plan
  • Energy efficient equipment including Energy Star appliances and high SEER HVAC as well as high efficiency windows
  • Affordable rental structure with subsidies based on tenant income

Cambridge Public Housing Redevelopment

Project Photographs