Washington Housing Conservancy One Step Closer to its First DC Purchase

Lawmakers agreed back in April to issue $28 million in bonds to back the acquisition as part of the District’s industrial revenue bond program, designed to help nonprofits finance large projects.


"An affordable housing nonprofit backed by JBG Smith Properties (NYSE: JBGS) and the Federal City Council is nearly ready to acquire its first property - and it just got some help from the the D.C. government to power the purchase."

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