The Sanctuary, a Mount Jezreel Senior Housing Community
426 University Boulevard East, Silver Spring, Maryland 20901
Number of Units
75
Year Developed
2018
Development Costs
$18.6 million
Goal
Provide new affordable senior housing on the campus of the Mount Jezreel Baptist Church
Description
The Sancturay, developed under a partnership between Mission First, Mount Jezreel CDC, and The Henson Development Company, is a new construction 75-unit apartment building for seniors located in Silver Spring, MD.
The development includes 12 units set aside for low income elderly veterans, as well as targets seniors at a variety of income levels. The site is located on the campus of Mount Jezreel Baptist Church.
The development includes green and sustainable design and construction components, generously sized apartment homes, and desirable amenities, including a library and sitting room, community space and party kitchen, wellness suite, fitness center, inviting porch and patio, as well as a “Children’s Room” and tot lot where the residents can actively play with their visiting grand- and great-grandchildren. The development was financed using Maryland CDA Tax Exempt Financing under the HUD Risk Share program; CDA Rental Housing Works; Montgomery County HOME funding; and low income housing tax credit equity through R4 Capital.
NOW LEASING: Click here for details on living at The Sanctuary, a Mount Jezreel Senior Property.