Apartment Pre-Leasing begins March 2009

(BLACK PR WIRE) (March 25, 2009) WASHINGTON--(BUSINESS WIRE)-- The Overlook at Oxon Run, formerly known as Parkside Terrace, has undergone an amazing redevelopment, the result of a 100% interior and exterior rehabilitation, and is positioned to be the pre-eminent affordable rental community in Washington, D.C.

Located at 3700 9th Street SE, The Overlook has 316 one and two-bedroom apartment homes that have been completely renovated. Targeted at income-restricted families and senior citizens, The Overlook has apartment features and community amenities that rival market-rate, luxury rental communities.
We believe the only difference between conventional and affordable rental housing should be price, says John Noel, Senior Vice President of Edgewood Management, the managing agent for The Overlook. High-speed internet, state-of-the-art kitchens and exercise facilities are just a few of the offerings we feel should be standard features in a rental community regardless of the resident profile.

We are extremely excited and honored to be responsible for managing The Overlook, says Noel. This is a truly remarkable rental community. Our team is ready to assist all who qualify and ensure that we will help them select their perfect new apartment home.

The Overlook at Oxon Run is being developed by the Community Preservation Development Corporation, a Washington, D.C.-based non-profit affordable housing developer, (cpdc.org), with federal low-income housing tax credits (LIHTC) provided by the District of Columbia Housing Finance Authority (dchfa.org) and in conjunction with the District of Columbia Housing Authority (dcha.org).
Leasing information can be obtained at the on-site leasing office, or by calling 202-373-1900, or at www.theoverlookdc.com