Carl F. West Estates
Washington
Boston Financial is proud to have partnered with The National Caucus and Center on Black Aging (“NCBA”), the Housing Development Corporation of the District of Columbia, and DMA Development Company, LLC on Carl F. West Estates, which will bring 179 affordable rental homes for seniors and grandfamilies — grandparents raising grandchildren — to Washington, D.C. This intergenerational model is one of the first of its kind. This projected was funded by Boston Financial alongside the D.C. Department of Housing and Community Development’s Housing Production Trust Fund and others.
With this project, NCBA intends to complete the development of a prominent site in Columbia Heights that was begun nearly 40 years ago when the District’s Redevelopment Land Agency conveyed 2.1 acres to NCBA for the development of Samuel J. Simmons NCBA Estates. When it developed Samuel J. Simmons NCBA Estates, NCBA helped stabilize the 14th Street corridor which was still suffering the lingering effects of the 1968 riots and catalyzed new development in the corridor. Now, the neighborhood is facing nearly the opposite challenge – how to help older adults who have made their homes in the neighborhood for generations remain in the neighborhood. NCBA is reinvesting the tremendous value it has built over 38 years to counteract the tide of redevelopment in which the only new homes being built are unaffordable to long-time residents.
Carl F. West Estates will include a tenant mix that includes 125 seniors (55+), 36 Grand Families, and 18 tenants who are at risk of homelessness. The community will also partner with a D.C. nonprofit to provide a raft of services for almost two dozen for formerly homeless elderly residents. Both NCBA and DMA have extensive experience managing the needs of seniors. The community will benefit from an experienced local case management provider to assist with the formerly homeless tenant referral process. Designated space is provided on-site to efficiently deliver additional services and support to these residents.
Onsite amenities will include a concierge, salon, lounge, wellness center, computer & business center, library, fitness & exercise spaces, game & activity rooms, outdoor patio and playground and underground parking. The project also includes approximately 8,000 square feet of office space to house NCBA’s corporate offices, co-locating a wealth of development, management, and senior program expertise at one location.
NCBA brings a long history of community commitment and strong partnerships within D.C.’s affordable senior housing market and is one of the country’s oldest and largest minority-focused organizations dedicated to issues impacting senior African Americans. Since inception, NCBA has managed 6 affordable independent senior housing developments totaling more than 600 units in four states including the District of Columbia. DMA Development was formed in 1999 and is a woman-led TX-based affordable housing developer that has successfully completed 34 affordable properties (3,200 units) since its inception. DMA currently owns and manages 23 stabilized LIHTC properties (2,300 units).
In 2023, The National Caucus and Center on Black Aging was also one of the recipients of a grant from our parent corporation, ORIX USA – part of $500,000 in giving to nonprofits that are making affordable housing more accessible and equitable, and working with young people, seniors, families, and veterans experiencing or at risk of homelessness.
Construction on Carl F. West began in the fall of 2023, with an expected opening of the community in early 2026.
