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2018 Development that Best Preserves Existing Affordable Housing

Portner Flats

Developer: Somerset Development Company and Jonathan Rose Companies
Location: Washington, D.C. 

2018 Preservation of Existing Affordable Rental Housing  DOD Winner Portner FlatsA distressed, 48-unit HUD Section 8 housing complex in a gentrifying neighborhood of Washington, D.C., was transformed into Portner Flats, a 96-apartment complex that was planned and developed in collaboration with the property’s tenant association.

The joint venture between Somerset Development Company and Jonathan Rose Companies was built on the site of the former 48-unit Portner Place Apartments. The development team worked with the tenant association to acquire the property and undertake an innovative redevelopment plan.

The property was rezoned to allow greater density and a portion of the property was sold to a national developer to cross-subsidize the redevelopment of Portner Flats. Construction finished in March 2018, completing a development that gained broad neighborhood support.

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