Groundbreaking for The Belnor Senior Residences in Suitland
On Thursday, September 14, Mission First Housing Group broke ground on The Belnor Senior Residences, 3800 St. Barnabas Road, Suitland, MD 20746.
Sarah Constant, Managing Director of Mission First, welcomed Mission First’s leadership team, project partners and community members to the ceremony. Speakers included: The Honorable Karen R. Toles, County Councilmember, District 7; Christine Jenkins, Director of US Department of Housing and Urban Development DCFO-PH; Brien O’Toole, Deputy Director of MD Community Development Administration Department of Housing and Community Development; Eric C. Brown, Director of Prince George’s County Department of Housing and Community Development; Karen Anderson, President of Suitland Civic Association; Gloria G. Lawlah, President of White Rose Foundation; Kimmel Cameron, Vice President of Hudson Housing Capital; Ed Delany, Vice President of Capital One Bank; Lisa A. Bolden, President of L.A. Bolden Company and Daniel P. Henson, III, President of The Henson Development Company.
The Belnor Senior Residences is a 122-unit new construction affordable senior apartment complex anticipated to open in Fall 2018. The 4-story building is well situated along St. Barnabas Road with excellent accessibility to nearby shopping and transit, while backing up to a wooded area and stream. Green design features include Energy Star appliances, efficient individual HVAC units and low VOC materials for improved indoor air quality. Amenities include a two-story club room, library, fitness center, putting green, community garden and greenhouse.
The development was financed using a HUD 221(d)4 loan through AGM Financial with Wells Fargo; Maryland CDA Tax Exempt Bond Financing in coordination with Stifel; CDA Rental Housing Works; Prince George’s County DHCD HOME funding and PILOT; San Francisco FHLB AHP grant and low income housing tax credit equity through Hudson Housing Capital, with Capital One as the investor.
The project is being developed in partnership with the L.A. Bolden Company and The Henson Development Company.