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Victory Terrace Marks 10th Anniversary
On October 25th, Victory Terrace residents participated in a festive celebration of the community's first decade of operation. Located on 16 acres off of Newbridge Drive in Potomac, the 72-unit community provides affordable rental apartment living for mixed-income seniors. Residents were treated to a performance by a Bolivian dance troupe, followed by a reception complete with refreshments and entertainment from a piano player. Happy Birthday, Victory Terrace!
Bank of America Charitable Foundation Makes Major Gift
Victory Housing was the grateful recipient in June 2014 of $20,000 in operating support from the Bank of America Charitable Foundation. This significant donation will be used to pay for Victory Housing pre-development work on new affordable housing projects, as well as asset management of existing communities throughout the Washington, D.C. metropolitan area. Victory Housing president Jim Brown applauded the Foundation's gift for "providing the necessary working capital to keep Victory Housing's development pipeline primed and to ensure that all of our communities continue to provide the highest quality affordable housing."