Wesley Housing will develop 88 affordable rental apartments on land donated by JBG SMITH as part of the large-scale Potomac Yard redevelopment, the organizations announced in a press release provided to ALXnow this morning.
The six-story building planned for a 0.55-acre parcel at 601 E. Glebe Road will feature predominantly two- and three-bedroom family units serving households earning between 30% and 80% of the area median income. Average rents will target families at 60% of AMI.
