Projects
These projects represent renewed communities improved by new investments. IBF or its President has contributed to the realization of each of these projects.
R Street Apartments
Five buildings constructed in 1912, listed on the National Register of Historic Places and located between some of the District’s most vibrant historic districts of Logan Circle, Dupont Circle and the U Street Corridor were preserved as affordable housing against the threat of condominium conversion.
Webster Gardens
IBF Development assisted Somerset Development Company, THC Affordable Housing, Inc. and the Webster Garden Tenant Association in completing the renovation of 52 units of affordable housing in Northwest Washington, DC.
Fort View Apartments
IBF Development assisted Somerset Development Company and THC Affordable Housing, Inc. in completing the renovation of these historic vacant buildings into 62 units of affordable housing.
51st and King Drive Apartments
The 51st and King Drive Apartments project preserved 96 affordable housing units which were at risk of being lost through condo conversion on the edge of a revitalizing area in Chicago, Illinois.
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Hazel Hill Apartments
The Hazel Hill Apartments are an award-winning, 147- unit, project-based Section 8 apartment complex located in Fredericksburg, VA.
Galen Terrace
This was the first affordable multifamily rental building built to Green Communities Initiative (GCI) Standards in the District of Columbia. GCI eventually became the building standard in Washington, DC.
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MLK Co-Op
Preserved 73 units of affordable housing in a desireable and historic Washington, DC neighborhood.
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