The bedroom in a Foundry Lofts apartment in Washington, D.C.
The living room in a Foundry Lofts apartment in Washington, D.C.
The bedroom in a Foundry Lofts apartment in Washington, D.C.
The living room in a Foundry Lofts apartment in Washington, D.C.

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Affordable Housing at Foundry Lofts in DC

Located in the heart of Navy Yard, DC. Foundry Lofts is filled with style and historic charm thanks to the reconstructed building it inhabits, and the materials it’s made of, with exposed concrete beams and brick walls.

Eligibility Criteria

  • Household must meet Resident Selection Criteria, including credit and criminal background screening.
  • Applicant’s household size must be appropriate for the apartment (minimum of one per bedroom and maximum of two per bedroom plus one).
  • Households must have gross income at or below 50% of the Area Medium Income for family size. See Chart below.
  • Households must disclose all income and assets and asset income is included in the calculation of total household income. Assets in restricted retirement accounts (applicant cannot access the account without retiring or terminating employment) are not included in the calculation of total household assets.

Current Income Limits*

Household Size50% Income Limit50% Income Limit (170% Rule)40% Income Limit40% Income Limit (170% Rule)
1 person$58,150$98,855$46,520$79,084
2 persons$66,450$112,965$53,160$90,372
3 persons$74,750$127,075$59,800$101,660
4 persons$83,050$141,185$66,440$112,948
5 persons$89,700$152,490$71,760$121,992

50% Rents

Maximum AllowableStudio1 Bedroom2 Bedroom
Maximum Monthly Rent$1,453$1,557$1,868
Less Utility Allowance$100$119$157
Maximum Allowable Rent for Move-ins$1,353$1,438$1,711
Average % of Change from Previous Rents0.0%0.21%0.12%
Minimum Income$40,590$43,140$51,330

40% Rents

Maximum AllowableStudio1 Bedroom2 Bedroom
Maximum Monthly Rent$1,163$1,246$1,495
Less Utility Allowance$100$119$157
Maximum Allowable Rent for Move-ins (50% AMI)$1,063$1,127$1,338
Average % of Change from Previous Rents<0.28%><0.18%><0.015%>
Minimum Income$31,890$33,810$40,140

*HUD Income Limits (Income Limits are subject to change annually.)

  • Rent is determined based on the income limits and unit size.
  • All household members age 18 and over must sign a Tenant Income Certification (TIC), certifying that household composition, income, assets and other information contained on the TIC is true and accurate.
  • All household members age 18 and over must sign a Lease Agreement, an Affordable Housing Program Lease Addendum outlining Program requirements, a VAWA addendum, and any other required move-in documentation.
  • Recertification is required annually to determine continued eligibility. Household income may increase up to 140% of the current income limit adjusted for household size.

Available Apartments

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Frequently Asked Questions

Curious to learn more about the process and understand if you qualify for affordable housing at The Yards in DC? Scroll through the commonly asked questions below and contact us if you have more questions.

Who should apply?

Qualification is based on household and income as noted in this chart. Area Median Income limits are established annually by the DC Department of Housing and Community Development (DHCD). Contact us and our team can share more details.

How do I apply?

Please provide your full name and contact information to register here. You will then receive an email/SMS invitation to complete your initial application.

I need support with the form, who can I contact?

For support, please contact our team by calling (202) 552-4529 or by emailing the-yards@prontohousing.io.

Learn More About Qualifications

Curious about the process and whether you qualify for affordable housing at Foundry Lofts? Households must meet resident selection criteria, disclose income and assets, and complete required certifications. Our leasing team can walk you through eligibility criteria, current income limits, and next steps.

Contact
The lobby at Foundry Lofts apartments in Washington, D.C.

More Affordable Housing Apartments

We are committed to providing affordable housing options in DC. Explore other properties in the area participating in an affordable rental program.

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