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(Reprint from The Washington Post, February 2008) Videos
On January 6, 2012, Victory Housing purchased Victory Brookside (formerly Brookside Gardens) a 56-unit garden apartment complex for low-income seniors in the St. Charles community in Waldorf, Maryland. The property is an existing low-income housing tax credit property that was originally constructed in the mid-1990s. Victory Housing intends to maintain the long-term affordability of the community. In addition to 56 studio apartments in seven one-story buildings, there is also a community center with laundry facilities, a large common room, and the management office. Half of the units must be leased to households earning 30% of median income or less and the remainder leased to households at 60% of median income or less. RETURN TO TABLE OF CONTENTSMalta House (assisted living residence) is participating with the Avondale Community Association on the annual Avondale / North Woodridge Community Day on Saturday October 1st from 2:00 - 4:00 p.m. An open house at Malta House complete with free blood pressure checks and chair massages for the adults, balloon art and face painting for the kids, and food and refreshments for all will be provided. Community Day Flyer [PDF] RETURN TO TABLE OF CONTENTSVictory Housing had not one, but two, dedication ceremonies on June 2, 2011, to celebrate the completion of our newest affordable housing communities and the first ever in Southern Maryland. We were pleased and honored to have the Archbishop of Washington, Donald Cardinal Wuerl, and Raymond A. Skinner, Secretary, Maryland Department of Housing and Community Development, at both events. Each ceremony was attended by over 100 persons. La Plata Manor At 11:00 a.m., the ceremony was for Plata Manor, located in La Plata, Charles County. La Plata Manor is a 101-unit, 100% Section 8 project for very-low-income seniors. The property was acquired in January, 2009. Subsequently, an $11 million financing plan for renovations and long-term affordability was crafted using a combination of Maryland Community Development Administration (CDA) tax-exempt bonds, low-income housing tax credits with M & T Bank as the investor, subordinate financing from CDA, the existing residual receipts account for the property, and a $1.1M HUD Green Retrofit loan. Renovations included a new roof, new energy efficient windows, kitchen cabinets, counter tops, bathroom vanities, low flow plumbing fixtures, energy star lighting and appliances, low VOC paint, new flooring, expansion of the management office, and reconfiguration of the first floor lounge.
Victory Woods At 2:00 p.m., it was on to Victory Woods, a new construction 75-unit building for low- and moderate-income seniors in Lexington Park, St. Mary's County. The property is located on a wooded portion of a 47-acre site behind Immaculate Heart of Mary church. Victory Housing partnered with regional developer Osprey Property Company. The $13M financing package included $9M in competitive 9% low-income housing tax credits (syndicated by Hudson Housing Capital and purchased by Capital One), a conventional first mortgage of $1,750,000 from Capital One, a $1,500,000 Rental Housing Funds loan from CDA, and a $435,000 grant from St. Mary's County for road improvements. The attractive four-story wood-framed building has a stone and vinyl exterior. As a Green building, Victory Woods includes numerous energy saving and conserving features as well as a secured entrance. Apartments include a full kitchen, dishwasher, disposal and abundant cabinet and counter space; oversized windows and wall-to-wall carpeting; individual heat and AC; wiring for cable, internet and telephone. Community amenities include a spacious parlor/lobby, sun room, resident community room, theatre room, fitness room, patios, walking path and gazebo.
RETURN TO TABLE OF CONTENTSIn April, Victory Housing earned two awards from the Housing Association of Nonprofit Developers (HAND) in their 2011 HAND Housing Achievement Awards competition. Victory Housing founder Rev. Msgr. Ralph J. Kuehner was named Nonprofit Friend of the Year and The Summit at St. Martin's, a 178-unit family housing community in Northeast Washington where Victory Housing served as construction manager, was named Best Large Project (over 50 units). To view the one-page narrative submitted in support of Msgr. Kuehner, please click here. The awards will be presented at HAND's 20th annual meeting on May 26 at the Omni Shoreham Hotel in Washington. Also to be recognized at the event will be HAND founder and Victory Housing senior vice president John D. Spencer. Spencer started HAND in Northern Virginia in 1990. RETURN TO TABLE OF CONTENTS On October 21, 2010, Victory Housing marked 30 years of providing affordable housing to low- and moderate-income seniors and families with a low-key reception at the Knights of Columbus Rock Creek Mansion in Bethesda. The highlight of the evening was a brief ceremony honoring Victory Housing's founder, Monsignor Ralph J. Kuehner. A short video preceded the presentation of a plaque bearing the following inscription: "WITH HEARTFELT APPRECIATION FOR YOUR FOUNDING OF VICTORY HOUSING AND FOR MORE THAN 30 YEARS OF INSPIRATION, LEADERSHIP AND DEDICATED SERVICE AS A MEMBER OF THE BOARD OF DIRECTORS"
An article in the Catholic Standard summarizes Monsignor Kuehner's background.
RETURN TO TABLE OF CONTENTSOn September 20, 2010, over 150 residents, neighbors, and public officials joined Donald Cardinal Wuerl in celebrating the dedication of Victory Crest, Victory Housing's newest HUD 202 apartment property for very-low-income senior citizens. Guests enjoyed a tour of the property's beautiful common areas, including a community room & library, arts & crafts room, fitness center, business center, and outdoor terrace. Victory Crest is Victory Housing's third HUD 202 community in the Hyattsville area. Victory Crest was financed with a $7,119,600 HUD grant and a $1,300,000 loan from the Prince George's Department of Housing and Community Development. An affiliate of Victory Housing provided the land through a long-term land lease at a nominal cost
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