Cycle House, a trailblazing project in Truxton Circle, D.C., offers a unique blend of affordable housing and sustainable living. This net-zero energy building targets low- to middle-income families, featuring 18 eco-friendly apartments. Set to open in 2025, Cycle House represents a pivotal step towards inclusive, green urban development.
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Heleos, a D.C.-based affordable housing firm, recently closed on construction financing for the development of Cycle House with support from LISC and D.C. Green Bank. LISC is funding the energy-efficient property with nearly $8.5 million in predevelopment and construction financing in addition to $11.2 million in Low Income Housing Tax Credits through the National Equity Fund (NEF), a LISC affiliate.
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Set to break ground in Washington DC this September is Cycle House, the city's first "certified" net-zero energy, affordable housing property. Located at 1520-1522 North Capitol Street NW, this innovative 18-unit building backed by Urban Green and Heleos will provide homes for households earning between 30% and 60% of the median family income (MFI).
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Dance Loft was recently highlighted by the DC Office of Planning as an example of an infill mixed-use project. Located at at 4618 14th St, NW, the Dance Loft redevelopment was approved by the Zoning Commission on September 8, 2022. The infill project includes active ground floor arts uses and five stories of residential above.
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