The facility features a multi-purpose community room, living room, Cyber Café, fitness center and an outdoor terrace with green space. Constructed at a cost of approximately $44 million as a public-private partnership among Montgomery County, the Montgomery Housing Partnership (MHP), a private, nonprofit affordable housing developer, and The Donohoe Companies.
Montgomery County continues to own the land at this location. MHP, a nonprofit that creates quality, affordable homes throughout the County, is the co-developer and long-term owner of the mixed-use property and holds a 77-year lease. Due to the financing methods used, all but 10 of the 149 units are available at reduced rents for adults age 62 and older with incomes less than 60 percent of the area median income.
More information from press release.