GENERAL PROJECT INFORMATION
6 6E
307 K Street NW and 1035 4th Street NW, Washington, District of Columbia 20005

Golden Rule Plaza, Inc. (Bible Way Church)
The District conveyed this site in 2005 in fee simple via a special warranty deed to a non-profit developer, Golden Rule Plaza, Inc., a wholly-owned affiliate of Bible Way Church. In Fall 2015, the Council approved an updated development program for the site, which calls for a 12-story 223-unit all-affordable apartment building with one level of underground parking. Fifty (50) of the units will be set aside for "grandfamilies" – households where grandparents are raising grandchildren without a parent in the home – thus making Plaza West the first grandfamily development in Washington, DC. The amended development plan reflects the changing needs of the neighborhood while maintaining the spirit and goals of intergenerational use on the site. In addition to affordable housing, the project will also include on-site social services for grandfamilies.
The project is under construction (broke ground in April 2016).
PROJECT DETAILS
223 0 223
Affordability Levels (% of Area Median Income)
35 108 80 0
278,987
278,987 0 0 0 0 51
All-affordable development
35 units @ or below 30% AMI
26 units @ or below 40% AMI
82 units @ or below 50% AMI
80 units @ or below 60% AMI
8 permanent jobs

The project will not only bring much-needed affordable housing to a neighborhood that is replete with luxury apartment buildings, but it will also provide affordable housing options to some of the District's most vulnerable households, specifically those in which grandparents are raising grandchildren without a parent in the home.
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