Washington, D.C. – September 11, 2025
Lincoln-Westmoreland Housing, Inc. – along with its partners KeyUrban, EquityPlus, and RRP Capital Partners – has acquired the 435-unit Meadow Green Courts community situated in the Greenway neighborhood directly across the Anacostia River from the Commanders Stadium redevelopment project, rescuing the property from imminent foreclosure and preserving the property’s affordability covenants.
Darryl Pounds, President of RRP Capital Partners and former Washington cornerback, shared his personal connection to the initiative:
“I grew up in a community like Meadow Green Courts and I am the same kid from those humble beginnings that had an opportunity to play five years for the Washington Commanders Franchise with the first two years at RFK Stadium. I’m looking forward to being able to play an active role in enhancing the quality of life for the 435 families that will live in the Meadow Green Courts community while preserving the affordability of the 12-acre neighborhood to working families so that they can enjoy the benefits of the forthcoming Commanders redevelopment of the RFK campus.”
The property commands views of the RFK Stadium redevelopment site.
As Principals of RRP Capital Partners, Pounds and Hall of Famer, Darrell Green, bring their shared commitment to service, leadership, and community development beyond the football field. Together, they are advancing a mission to strengthen neighborhoods and expand affordable housing opportunities for working families. The redevelopment of Meadow Green Courts reflects that mission—preserving affordability while upgrading housing, community spaces, and quality of life for residents. The redevelopment effort underscores RRP Capital Partners’ mission to preserve affordability while investing in safe, vibrant communities for working families. Meadow Green Courts will not only ensure long-term affordability, but also provide residents with improved housing and access to new opportunities as the surrounding neighborhood transforms.
David Jacobs, President of Lincoln-Westmoreland Housing, Inc. noted “Lincoln Westmoreland’s $4 million investment in the Meadow Green Court community will immediately repair 145 uninhabitable units, improve common areas, and bring the property back to short-term financial stability. However, we recognize that the Meadow Green Courts property needs a broader redevelopment plan over the coming 2-3 years to be the vibrant, healthy and affordable neighborhood its existing residents deserve. This initial acquisition and short-term repairs are only the beginning of our efforts to improve the quality of life of this historic neighborhood.”
Meadow Green Courts consists of 435 units in 51 buildings across four city blocks in the Greenway neighborhood of SE Washington.
Dahn Warner, Principal of KeyUrban, said “We will work closely with the residents of Meadow Green Courts to ensure that the redevelopment in the coming years is consistent with the mission of Lincoln-Westmoreland Housing and the vision of existing residents.”
Avram Fechter, Managing Director of EquityPlus, stated “The Meadow Green Courts community was on the brink of foreclosure. A foreclosure would have eliminated the deed restrictions on the property that ensure it remains affordable to working families. We are proud to have acquired the property while preserving and extending the existing affordability to ensure the community remains both a desirable AND affordable community.”
About Lincoln-Westmoreland Housing
Founded in 1967, Lincoln-Westmoreland Housing, Inc. (LWH) is a nonprofit company providing quality affordable housing and community support in the Shaw neighborhood and beyond. Its mission is the creation and preservation of affordable housing in the District of Columbia and environs, helping those in need by contributing to the growth, health, and vitality of the community. For more information, visit www.lwhousing.org.
About RRP Capital Partners, LLC
RRP Capital Partners is a real estate investment and development firm dedicated to creating and preserving affordable, high-quality communities for families across the United States. With a focus on responsible development and long-term sustainability, RRP Capital Partners invests in projects that enhance quality of life while maintaining affordability for working families.
About EquityPlus
EquityPlus specializes in the development of affordable/workforce housing and community development projects across the Country. EquityPlus acts as a developer, owner’s representative, or investment banker depending on the project. EquityPlus has helped close over $1 billion in project financing since its inception. For more information, visit www.equityplusllc.com.
About KeyUrban
Since 2004, KeyUrban has engaged in projects that foster walkable, affordable communities. Whether managing projects for others or for its own portfolio, KeyUrban is dedicated to developing homes and facilities that become a source of pride for residents and the broader community. For more information, visit www.keyurban.com.