MBB Affiliates, LLC’s Post

Adrian Washington, founder of Neighborhood Development Company (NDC), has been a leader in affordable housing in Washington, D.C. for over 20 years. His work has created thriving communities and provided affordable housing options for low-income families. One example is the mixed-use development at 1100 Eastern Avenue, which features 63 affordable units and 13 permanent supportive housing units. This project was made possible through a partnership with JPMorgan Chase and Enterprise Community Partner's Equitable Path Forward funding. Learn more about Adrian Washington's commitment to making a difference in the lives of low-income families in the nation's capital: https://lnkd.in/et4HjKqp #affordablehousing #communitydevelopment #washingtondc

We are happy to share that Gilbane Development Company. has officially opened Atworth, a 451-unit affordable housing community in College Park, Maryland. Here are some of the highlights of this new part of D.C. Metro's growing housing pipeline: - Affordable living for families earning 80% of the area median income - Prime location near U.S. Route 1 and Interstate 495 - Amenities include swimming pool, yoga studio, coworking lounge, and more - Transit access to the future MTA Purple Line and nearby Metro station Find out more about the new Atworth property: https://lnkd.in/eQwFcJyp #residentialhousing #dcmetro #affordablehousing

As we celebrate #Juneteenth in our nation's capital, we acknowledge the resilience of our ancestors and honor the ongoing struggle for liberation and equality for the Black community. Juneteenth commemorates the day when enslaved African Americans finally gained their freedom, and it's a powerful reminder of the determination of those who came before us. We're proud to be recognized as a local Black-owned business in D.C., dedicated to empowering the black community through economic growth, homeownership, and community development. This Juneteenth, let's come together to celebrate our freedom and the progress we've made towards equality. Learn more about the legacy of Juneteenth and its lasting impact on American history: https://lnkd.in/dQP3RmM #blackcommunity #washingtonDC #holiday

The $20 billion infusion from the Inflation Reduction Act is a game-changer for DC Green Bank! As a leader in green financing, they're providing loans for projects that reduce energy costs, improve air and water quality, and deliver green jobs. DC Green Bank's recent $2 million construction financing for Cycle House, a net-zero mixed-use development in Northwest DC, is a prime example of their impact. The project provides 18 affordable housing units and commercial space. Learn more about this interesting sustainability initiative: https://lnkd.in/eZmMh3AF #residentialdevelopment #sustainability #washingtondc

In the heart of Alexandria, VA, a new chapter is unfolding! The joint venture of Community Three and Whitaker Investment Corp. has secured a substantial $96 million loan, marking the beginning of project TideLock. This pioneering office-to-residential conversion is poised to bring a new wave of excitement to the real estate world. The revamped buildings will offer 169 rental units, catering to diverse living styles and needs. TideLock will feature 65 upscale condominiums, boasting exceptional comfort and style. Furthermore, the project aims to achieve LEED Silver certification, setting a new benchmark for eco-friendly development in the DC Metro region. Read more about the emerging TideLock project: https://lnkd.in/ew-GPt_P #dcmetro #alexandriava #residentialdevelopment

🎉 Exciting News Alert!  We are thrilled to announce that our very own Ashley Atwater has been recognized as one of the Extraordinary Women in Business by Forbes Washington DC! Ashley's dedication, expertise, and innovative spirit have been instrumental in driving our team forward, and it's no surprise to see her achievements celebrated on such a prestigious platform. Join us in congratulating Ashley on this well-deserved recognition! 👏   #Forbes #ExtraordinaryWomen #BusinessLeadership #TeamSuccess

As we continue to build on our partnership with Legacy Rose Company, our combined forces have been working tirelessly to bring top-notch property management services to the vibrant community of Charlotte, North Carolina. Are you wondering if you need a new property manager? Download our FREE property manager checklist to find out! In the checklist, we address common issues such as: - Prompt and satisfactory maintenance requests - Concerns regarding billing, invoicing, or collections - Recurring complaints or unaddressed issues - Regular contract reviews and updates Read more about our partnership with Legacy Rose Company and get your copy of our property manager checklist: https://lnkd.in/etkS6K25

We're proud to showcase our team in action! Here's a glimpse of our employees ensuring the smooth operation of a generator at one of our buildings. At MBB Affiliates, we prioritize reliability and efficiency. Our engineers conduct daily testing and preventive maintenance, guaranteeing optimal performance.

Construction is beginning on the 231-unit first phase of Somos at McLean Metro! Somos at McLean Metro is a significant investment in creating more affordable housing options in the region. Amazon has provided a $28.97 million low-rate loan through the Amazon Housing Equity Fund, part of their $2 billion commitment to affordable housing in the Arlington-Washington, D.C. area. Virginia Housing has also committed over $54.5 million in financing and 4% Low Income Housing Tax Credits to support the project. This partnership between public and private organizations is crucial in creating much-needed affordable housing in Northern Virginia. Stay tuned for more updates on the progress of Somos at McLean Metro: https://lnkd.in/eFqcjZvs #affordablehousing #communitydevelopment #dchousing