Predevelopment Loans The Clara on MLK DCHFA originated a $1 million McKinney Act predevelopment loan for The Clara on MLK in FY 2019. This development will bring 72 newly constructed affordable apartments to one of the major corridors of Ward 8’s Anacostia neighborhood, Martin Luther King Jr. Avenue. The new community will be a mixed use development combining ground floor retail and affordable apartments one block from the Anacostia Metro Station. The construction of The Clara on MLK will contribute to the overall redevelopment of Southeast Washington, D.C.
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