AG Schwalb secures revised Providence Hospital deal that protects $5 million in healthcare resources for the District
Published Date: Mar 26, 2025
- Categories
- Action Type Proposal
AG Schwalb announced that the Office of the Attorney General (OAG) has negotiated and secured a revised proposal to sell the Providence Hospital campus — approximately 22 acres of Ward 5 property with buildings that have been mostly vacant for six years. The purchaser, Vision PH Associates (Vision PH), plans to develop hundreds of new housing units, including affordable units, on the campus which will help address the District’s housing shortage. OAG’s approval of the sale required the preservation of significant public health resources for the District, including $5 million in health services funding, plans for a new Ward 5 urgent care center on the Providence campus, and renewed use of millions of dollars in medical equipment. The deal will not affect health services currently offered in several campus buildings operated by providers other than Providence.
“Ward 5 residents made clear that this deal must balance the need for additional housing and community development with continued access to healthcare services. Today’s agreement does exactly that — providing millions of dollars in public health resources and paving the way for significant residential and commercial expansion. As the District’s independent Attorney General charged with protecting charitable assets, I am proud of the work we do with the business and nonprofit communities to secure the best possible outcomes for all Washingtonians. I want to thank the dozens of community members who came forward to make their voices heard, as well as the teams at Providence and Vision PH, whose cooperation in our review helped achieve a universally beneficial resolution.” – AG Schwalb