July 14, 2016

Ribbon Cutting Ceremony for Senior Rental Housing in Silver Spring: The Bonifant Includes 149 Mixed-Income Apartments

County Executive Ike Leggett and other officials cut the ribbon to celebrate the opening of 149 mixed-income apartments for seniors at The Bonifant, located in the revitalized Silver Spring downtown district. Left to right: Stephanie Roodman of the Montgomery Housing Partnership; County Councilmember George Leventhal, Margie Liebrich-Scheer, resident; David Bowers, Vice President, Enterprise Community Partners; County Council President Nancy Floreen; Paul Weech, President, Neighborworks America; Clarence Snuggs, Director, Montgomery County Department of Housing and Community Affairs; County Executive Isiah Leggett; Kenneth Holt, Secretary, Maryland Department of Housing and Community Development; Robert Goldman, President, Montgomery Housing Partnership; Marvin Turner, DC District Director, U.S. Housing and Community Development; Artie Harris, Vice President, Real Estate Development, Montgomery Housing Partnership; Peter Gartlan, President, Donohoe Development Company. 
A recent ribbon cutting ceremony celebrated the opening of The Bonifant at Silver Spring, a mixed-income 11-story apartment building with 149 units for seniors age 62 or older. Located in downtown Silver Spring within blocks of the Metro, grocery stores, retailers and adjacent to the new Silver Spring Library, The Bonifant provides an opportunity for seniors to live near services and amenities.

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.


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