Investment in 185-Unit Franklin Apartments in Takoma Park, MD Surpasses Investment Vehicle’s Ambitious Pledge Early
BETHESDA, Md.–(BUSINESS WIRE)–
JBG SMITH (NYSE: JBGS) today announced that the Impact Pool, the affordable housing investment platform it manages, has helped create and preserve more than 3,000 units of quality workforce housing across the Washington region since 2020, outpacing its goal to deliver 3,000 units by 2025 and with capital remaining to invest in additional units.
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Franklin Apartments, a 185-unit age-restricted housing community in Takoma Park, MD (Photo: Business Wire)
“The Impact Pool has surpassed what we set out to achieve – the creation and preservation of affordable homes for thousands of workers in communities…
