TD Bank Finances Affordable Housing Community for Homeless Veterans in Washington DC
WASHINGTON, DC — TD Bank closed on a $9.54 million construction loan, used to purchase bonds issued by the DC Housing Finance Agency which will partially finance the adaptive reuse of part of a former military building on the Walter Reed Army Base in Washington, D.C. The project will include 77 units of "service-enriched" affordable housing for homeless Veterans. The loan is sponsored by HELP USA, Inc., a national non-profit organization that provides homes, jobs and services to people in need. HELP USA will provide social and supportive services to the residents, and the units will be furnished to allow for immediate occupancy for homeless individuals who may be coming from shelters or other transitional housing.