Affordable Senior Community Opens Near Washington, DC
- May 10, 2021
Woodlands at Reid Temple, a 252-unit affordable senior housing community, has opened its doors to residents in Glenn Dale, Md. The development is the result of a public-private partnership between The Reid Temple AME Church, Reid Community Development Corp., UrbanMatters Development Partners LLC and Atlantic|Pacific Communities.
The developers broke ground on the community in 2019, soon after starting construction on two other affordable housing projects in the metro. Woodlands at Reid Temple was considered, at the time, one of the largest new construction projects financed by the Maryland Community Development Administration through their Risk Share loan program. According to Yardi Matrix information, financing included two construction loans totaling $38.3 million.
Other financial contributions came from the Department of Housing and Community Development of Prince George’s County and from PNC Bank, which provided a $10.8 million bridge loan and $16.9 million in LIHTC equity.
Woodlands at Reid Temple occupies more than 13 acres at 11600 Glenn Dale Blvd. Master planned and designed by Wiencek + Associates, the community consists of two four-story buildings with one- and two-bedroom apartments. All units cater to residents aged 62 years old and older earning up to 70 percent of the area’s median income. Amenities include a clubhouse, fitness center, salon/barber shop and wellness center.
The property is roughly 16 miles northeast of downtown Washington, D.C., and less than 2 miles southeast of downtown Glenn Dale, west of Daisy Lane Park. Sinai Hospital Baltimore is less than 2 miles west.