CityCenterDC Extends Deadline For Affordable Rentals

• September 3, 2013
• 7 Comments

by Shilpi Paul

The Apartments at CityCenter

CityCenterDC has once again extended the deadline to apply for an affordable rental unit at The Apartments at CityCenter, a 458-unit complex at the much-anticipated project, UrbanTurf has learned. Interested renters now have until September 12th to submit an application, which can be found here.

Those making between 60 and 80 percent of the Area Median Income are eligible to apply for one of the units, which range in size from studios to two-bedrooms. (Depending on the number of people in a household, the eligible income range is between $36,000 and $94,424.) UrbanTurf is awaiting a response from developer Hines as to how much the affordable units will rent for.

As Prince of Petworth reported last month, Hines already extended the original deadline of August 12th once, to August 28th.

According to Hines, the “strong interest in the apartments” led them to extend the deadline once again. They hope to make their selection via lottery at some point this month. The remaining apartments, which will be leasing at market rate, should be available later this fall.

This article originally published at http://dc.urbanturf.com/articles/blog/citycenterdc_extends_deadline_to_apply_for_affordable_rentals/7504

7 Comments

1. Scoot said at 8:56 pm on Tuesday September 3, 2013:
   <i>According to Hines, the “strong interest in the apartments” led them to extend the deadline once again.</i> That's a funny joke. There are only 92 affordable units. If there were strong interest then why would the deadline need to be extended twice?

1. JB said at 9:23 pm on Tuesday September 3, 2013:
   The rent prices are income qualifications are below. 60% AMI:$36,000 (Studio),$41,250(One Bedroom), $46,500 (Two bedroom) 80% AMI:$45,000(Studio),$56,250(One Bedroom), $63,000 Two bedroom) Rents are: 60% AMI: $1,075(Studio),$1,200(One Bedroom), $1,325(Two bedroom) 80% AMI:$1,375(Studio),$1,700(One Bedroom), $1,875 (Two bedroom)

1. Adam L said at 7:04 pm on Tuesday September 3, 2013:
   This doesn’t seem quite fair. People who got their applications in on time are facing lower and lower odds at getting into a unit as late-comers thrown their names in the hat. If the units are being doled out by lottery and the developer has already set the price, what is the benefit of multiple deadline extensions? Just for the record: I have not applied for an apartment.

1. Peter Jones said at 11:43 pm on Tuesday September 3, 2013:
   These developers are cruel, money grubbing jokesters. They want to get as much demand, so that they can have as much disappointment out there as possible. That serves them in four ways: 1) to get the city to consider giving them more land and additional favors in the form of easements and tax breaks to do other developments in the near future; 2) have as many people out there bitching later to DISCOURAGE lawmakers from using these sorts of tools in the future; 3) to discourage people on future projects from applying because word of mouth will be out on the street that these apartments are not likely to REALY be available to them and finally; 4) because they can!!!! ...and delay is always better then swift action when doing something that is not in your financial interest.

1. (former) Logan Lady said at 3:35 am on Wednesday September 4, 2013:
   So if I'm single and my annual income is $45,000 I'd have to pay $1,700 for a 1 BR?? How is that affordable?

1. SW, DC said at 2:56 pm on Wednesday September 4, 2013:
   logan lady - if you make 45K you would be in the 60% AMI (you have to make OVER the next AMI to be in that category). That would leave you paying $1,200 for a one bedroom. That's not bad at all...

1. pcojt10 said at 5:22 pm on Thursday October 3, 2013:
   Anybody else think they're extending just so they can have as many options and then pick the people they want in the apartments? No chance they're going to allow a single mother with 3 kids in there, but a House staffer who's making the same money will "win" the "lottery". I don't know the background, but unless they received some amount of money or tax breaks from the city, they shouldn't be forced into supplying lower rentals, but if they did as part of the agreement then that's fine.