MURIEL BOWSER
MAYOR
July 3, 2023
The Honorable Phil Mendelson Chairman
Council of the District of Columbia
John A. Wilson Building
1350 Pennsylvania Avenue, NW, Suite 504
Washington, DC 20004
Dear Chairman Mendelson:
Pursuant to section 451 of the District of Columbia Home Rule Act (D.C. Official Code § 1- 204.51)
enclosed for consideration and approval by the Council of the District of Columbia is a proposed contract
with 737 50th Street Owner, LLC.
Under the proposed contract, the Department of Housing and Community Development (“DHCD”) will loan
$15,735,547 from the Housing Production Trust Fund for the purpose of financing certain eligible
acquisition costs, predevelopment costs, soft costs, and construction hard costs for 76 units of affordable
senior housing located at 737 50th Street, NE in Ward 7.
My administration is available to discuss any questions you have regarding the proposed contract. In order to
facilitate a response to any questions you may have, please have your staff contact Tsega Bekele, Chief of
Staff, DHCD, at (202) 442-7144.
I look forward to the Council’s favorable consideration of this contract.
Sincerely,
Muriel Bowser, Mayor
Enclosures
 GOVERNMENT OF THE DISTRICT OF COLUMBIA
Department of Housing and Community Development
COUNCIL CONTRACT SUMMARY
Pursuant to section 202(c) of the Procurement Practices Reform Act of 2010, effective April
8, 2011 (D.C. Law 18-371; D.C. Official Code §2-352.02(c)), the following contract
summary is provided:
(A) The proposed contractor, contract amount, unit and method of compensation, contract
term, and type of contract:
Proposed Contractor: 737 50th Street Owner, LLC
Contract Amount: $15,735,547
Unit and Method of Compensation: Draw Schedule
Term of Contract: 42yrs / 5% Simple Interest during construction decreasing to
3% Simple Interest at Stabilization
Type of Contract: Loan agreement
(B) The goods or services to be provided, the methods of delivering goods or services, and
any significant program changes reflected in the proposed contract:
The Department of Housing and Community Development (DHCD) proposes to
provide a loan to 737 50 th Street Owner, LLC in the amount of $15,735,547 from the
Housing Production Trust Fund for the purpose of financing certain eligible
predevelopment costs, soft costs and construction hard costs associated with 76
affordable senior housing units located at 737 50th Street, NE in Ward 7.
(C) Results, including the price and technical components:
DHCD received a request for funding from the borrower to be used for the purpose of
financing certain eligible acquisition costs, predevelopment costs, soft costs and
construction hard associated with 76 affordable senior housing units located at 737 50 th
Street, NE in Ward 7.
Page 1 of3
(D) The background and qualifications of the proposed contractor, including its
organization, financial stal y, personnel, and prior performance on contracts with
the District government:
The contractor is a newly formed entity specific to this project. MANNA, Ine. is the co-developer
and co-sponsoring organization of the H.R. Crawford Gardens project, alongside Legacy Real
Estate Development, LLC. CRP Affordable Housing and Community Development, LLC is also a
development partner. MANNA is a 501(c)(3) organization that has been developing affordable
housing in the District since it was founded in 1982. The non-profit specializes in for-sale housing
and provides educational programs such as homebuyer courses throughout the District. Legacy
Real Estate is currently under construction on another development which received DHCD gap
financing (17 Mississippi Avenue, SE).
(E) Performance standards and the expected outcome of the proposed contract:
The proposed DHCD loan proceeds will be used to provide a loan to 737 50 Street
Owner, LLC in the amountof $15,735,547 from the Housing Production Trust Fund for
the purpose of financing certain eligible acquisition costs, predevelopment costs,
construction costs, and soft costs associated with the construction of 76 affordable
senior housing units located at 737 50" Street, NE in Ward 7.
‘The project is consistent with DHCD’s goalofpreserving and producing affordable
housing for low-to-moderate income residents. Additionally, the borrower is required to
fulfill all conditions as set forth in the loan agreement within the agreed upon time
frames. Failure to fulfill the terms of the loan agreement will constitute default.
(B) A certification that the proposed contract is within the appropriated budget authority
for the agency for the fiscal year and is consistent with the financial plan and budget
adopted in accordance with D.C. Official Code §§ 47-392.01 and 47-392.02:
The loan will be funded through the Housing Production Trust Fund. Attached is the
certification that the proposed loan agreement is consistent with the District’s financial
plan and budget.
(G)Acertification that the proposed contract is legally sufficient, including whether the
proposed contractor has any currently pending legal claims againsttheDistriet:
A legal sufficiency memorandum from the Officeofthe General Counsel is attached.
(A) A certification that the proposed contractor is current with its District and federal
taxes or has worked out and is current with a payment schedule approved by the
District or federal government:
District and federal tax law compliance certifications are attached.
Page 2 of3
(@® The status of the proposed contractor asa certified local, small, or disadvantaged
business enterprise as defined in the Small, Local, and Disadvantaged Business
Enterprise Development and Assistance Act of 2005, effective October 20, 2005 (D.C.
Law 16-32; D.C. Official Code § 2-218.01 et seq.):
737 50 Street Owner, LLC is not a certified local, small, or disadvantaged
business enterprise.
(J) Other aspects of the proposed contract that the Chief Procurement Officer considers
significant:
None
(K) A statement indicating whether the proposed contractor is currently debarred from
providing services or goods to the District or federal government, the datesofthe
debarment, and the reasons for debarment:
‘The proposed contractor is not currently debarred from providing services or goods to
the District or federal government. A debarment affidavit is attached.
(L) Where the contract, if executed, will be made available online:
The contract summary will be available at www.dhed.de.gov.
Page 3 of 3
 Government of the District ofColumbia
me
pa
[EEE —_OfficeoftheChief Financial
Officer 1101 4Street, SW
HEE Officeof Tax and Revenue Washington, DC 20024
Dateof Notice: April 25, 2023 Notice Number: L0009552256 ES
137 SOTH STREET OWNER, LLC FEIN: **-***6635
13876 SW 56TH ST NUM 268 Case ID: 1495177
MIAMI FL 33175-6021
CERTIFICATE
OFCLEANHANDS
As reported in the Clean Hands system, the above referenced individual/entity has no outstanding
liability with the District of Columbia Office of Tax and Revenue or the Department of Employment
Services. Asofthe date above, the individual/entity has complied with DC Code § 47-2862, therefore
this Certificate of Clean Hands is issued.
TITLE 47. TAXATION, LICENSING, PERMITS, ASSESSMENTS, AND FEES
CHAPTER 28 GENERAL LICENSE,
SUBCHAPTER II. CLEAN HANDS BEFORE RECEIVING A LICENSE OR PERMIT
D.C. CODE § 47-2862 (2006)
§ 47-2862 PROHIBITION AGAINST ISSUANCE OF LICENSE OR PERMIT
ke
—
Authorized By Melinda Jenkins
Branch Chief, Collection and Enforcement Administration
To validate this certificate, please visit MyTax.DC.gov. On the MyTax DC homepage, click the
“Validate a Certificate of Clean Hands” hyperlink under the Clean Hands section.
1101 4th Street SW, Suite W270, Washington, DC 20024/Phone: (202) 724-5045/MyTax.DC.gov
 Initial File #: 100006360806
Entity Type: LLC
GOVERNMENT OF THE DISTRICT OF COLUMBIA
DEPARTMENT OF LICENSING AND CONSUMER PROTECTION
CORPORATIONS DIVISION
Lo
CERTIFICATE
THIS IS TO CERTIFY that all applicable provisions of the District of Columbia Business
Organizations Code (Title 29) have been complied with and accordingly, this CERTIFICATE OF
GOOD STANDING is hereby issued to
737 50th Street Owner, LLC
WE FURTHER CERTIFY that the foreign entity is registered to do business in the District on
08/05/2019; that all fees, and penalties owed to the District for entity filings collected through the
Mayor have been paid and Payment is reflected in the records of the Mayor; The entity's most
recent biennial report required by § 29-102.11 has been delivered for filing to the Mayor; and the
entry's registration has not been terminated. This office does not have any information about the
entity’s business practices and financial standing and this certificate shall not be construed as the
entity’s endorsement.
IN TESTIMONY WHEREOFI have hereunto set my hand and caused the sealofthis office to
be affixed as of 4/26/2023 10:38 AM.
Business and Professional Licensing Administration
Rebecca Gane
REBECCA JANOVICH
Superintendent of Corporations,
Corporations Division
Muriel Bowser
Mayor
Tracking #: FhODbYCa
MEMORANDUM
TO: Deborah George-Johnson
Associate Director
Office of Policy and Legislative Affairs
FROM: Colleen Green
Director, DHCD JUN 12 2023
DATE:
SUBJECT: — Mayor’s Signature and Transmittal to Council of a Loan in Excessof $1
Million Between the Department of Housing and Community Development
(DHCD) and 737 50" Street Owner, LLC for the Purpose of Financing
Certain Eligible Acquisition Costs, redevelopment Costs, Soft Costs, and
Construction Hard Costs Associated with 76 Affordable Senior Housing
Units Located at 737 50" Street, NE in Ward 7
‘At your earliest convenience, please forward the attached contract package to the Mayor for
signature and then to the Council for review. Please notify Taura Smalls, of my staff, when the
Ten-Day Contract Package has been filed with the Council.
‘The Department of Housing and Community Development (DHCD) proposes to provide a loan
to 737 50" Street Owner, LLC in the amountof $15,735,547 from the Housing Production
Trust Fund for the purpose of financing certain eligible acquisition costs, predevelopment costs,
soft costs, and construction hard costs approved by DHCD for 76 unitsofaffordable senior
housing located at 737 50" Street, NE in Ward 7.
Additional funding for this project includes $8,000,000 of first trust permanent debt from.
J.P. Morgan Chase; $21,341,668offederal 4% Low Income Housing Tax Credit (LIHTC)
equity through the DC Housing Finance Agency (DCHFA); $249,323 in 45L tax credit and
solar Investment Tax Credit equity from Wilfred N. Cooper & Associates (WNC);
$4,059,962 in DC LIHTC equity; and $2,478,227 of sponsor contributions (including a
deferred developer fee); for a total development cost of $51,864,727. DC LIHTC equity
proceeds are expected to be contributed to the project after completion and will pay down
the principal of the HPTF loan.
Ifthere are any concerns, please contact me at (202) 442-7210, or Taura Smalls, Legislative
Affairs Specialist, at (202) 442-7259.
Attachments
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GOVERNMENT OF THE DISTRICT OF COLUMBIA
DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Officeof the General Counsel
eK d
MEMORANDUM
TO: Muriel E, Bowser
Mayor
THRU: Julia H. Wiley, General Counsel
Department of Housing and Community Development
FROM: __Donnette A. Cooper, Assistant General CounselDe
Department of Housing and Community Development
DATE: May 9, 2023
SUBJECT: Proposed Loan in the principal amount not to exceed Fifteen Million Seven
Hundred Thirty-Five Thousand Five Hundred Forty-Seven Dollars and Zero
Cents ($15,735,547.00) (the "Loan'') to 737 S0th Street Owner, LLC (the
“Borrower”)
‘The proposed Loan is funded by Housing Production Trust Fund (“HPT”) program funds in an
amount not to exceed Fifteen Million Seven Hundred Thirty-Five Thousand Five Hundred Forty-
Seven Dollars and Zero Cents ($15,735,547.00). The Loan proceeds will finance eligible
expenses, including acquisition costs, soft costs, and construction hard costs, related to the
construction of Seventy-Six (76) units at the real property located at 737 50th Street NE,
Washington, DC 20019 (the "Project"). Seventy-Six (76) Project units shall be reserved as
affordable housing units (the “Reserved Units”) for seniors, including seven (7) units for grand
families (households composed ofgrandparents living with and caring for grandchildren or other minor
children in their extended family) and sixteen (16) units for permanent supportive housing. Sixteen
 (16)of the Reserved Units shall be affordable to and occupied by households at or below 30% of
the median family income (“MFI”); and Sixty (60) of the Reserved Units shall be affordable to
and occupied by households at or below 50% of MFI. The Project affordability restrictions shall
be enforced by affordability covenants that run with the land in perpetuity.
The attached Loan Agreement evidencing the proposed contract has been prepared by the Office
ofthe General Counselof the Department of Housing and Community Development and is
legally sufficient in accordance with all applicable federal and District of Columbia laws. If you
have any specific questions regarding this Loan contract, please contact Donnette A. Cooper on
(202) 442-7225.
Colleen Green, Acting Director
Joseph Knackstedt, Deputy Manager, DFD
Nena Perry-Brown, Project Manager, DFD
Mikaell Briscoe, Development Finance Office Coordinator, DFD
Taura Smalls, Legislative Affairs Specialist
 Delaware son
The First State
I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF
DELAWARE, DO HEREBY CERTIFY "737 50TH STREET OWNER, LLC" IS DULY
FORMED UNDER THE LAWS OF THE STATE OF DELAWARE AND IS IN GOOD
STANDING AND HAS A LEGAL EXISTENCE SO FAR AS THE RECORDS OF THIS
OFFICE SHOW, AS OF THE TWENTY-SIXTH DAY OF APRIL, A.D. 2023.
AND I DO HEREBY FURTHER CERTIFY THAT THE SAID "737 50TH STREET
OWNER, LLC" WAS FORMED ON THE THIRTY-FIRST DAY OF JULY, A.D. 2019.
AND I DO HEREBY FURTHER CERTIFY THAT THE ANNUAL TAXES HAVE BEEN
PAID TO DATE.
lay bao Seeary Be
7540972 8300 Authentication: 203218363
SR# 20231636697 Date: 04-26-23
You may verify this certificate online at corp.delaware.gov/authver shtml
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AEFIDAVIT REGARDING DEBARMENT
I, Jerrod Delaine, hereby attest that
all members of the development team, who are listed below, are not listed in the
List of Parties Excluded from Federal Procurement or Non-Procurement Programs.
DEVELOPMENT TEAM.
Developer. Legacy Real Estate Development
Consultant(s TMAssociatesDevelopment,Inc
Management Agent:__'M Associates Management, Inc
: S.
VOU
‘Attorney
Engineer(s):_Vika Capitol
Architect(s):__Soto.
ConstructionContractor:Bozutto
Other(s);_Manna, Inc,_CRPAffordable Housing
|furtherattestthat no principal, major stockholder, officergordirectorofadeveloprfient team
‘memberisdebarredfromparticipating in a federal procur¢fment ornon-procysetinent program.
Date
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GOVERNMENT OF THE DISTRICT OF COLUMBIA
DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
February 3, 2023
VIA ELECTRONIC MAIL,
Commissioner Antawan Holmes
Chair ANC 7C
Washington, DC 20019
Tc07@anc.degov
Re: HR Crawford Gardens 737 50" Street NE
Dear Commissioner Holmes
Pursuant to D.C. Official Code § 1-309.10 (2001 ed.), you are hereby informed that the
Department of Housing and Community Development (“Department” or “the Department”)
proposes to provide 737 50" Street Owner, LLC with funding in an approximate amount of
$15,735,547 in Housing Production Trust Funds that will be used to finance acquisition,
construction, and related costs for the affordable housing project to be located at 737 50 Street
NE.
Please be advised that Advisory Neighborhood Commission 7C has thirty (30) business days
from the dateofthis notice to submit comments on the above proposed action. District law
requires that the Department give “great weight” to all relevant ANC concems or
recommendations. We respectfully request that any comment in response waive the remainder of
the statutory 30 day ANC notice comment period.
The Department must receive comments by Monday, March 20, 2023 (i.e. the thirty-business
day comment period). You must include a reference to the subject matter identified at the top of
this notice in your response. Comments may be sent by email to Richard