In keeping with its name, Victory Housing is committed to winning for its residents, its supporters and the community it serves. Since 1979, Victory Housing has operated as the Catholic Archdiocese of Washington’s nonprofit development arm for affordable housing in the D.C. Metropolitan region.
Missioned to build, acquire, renovate, manage and operate affordable housing – and related services – for low- to moderate-income seniors and low-income families, Victory Housing owns 29 communities, comprised of almost 2,000 apartments.
Recently, the developer opened another apartment community located in the city of Rockville, a municipality known to have a marked need for affordable housing. Victory Court was officially dedicated on October 24, 2013. An 86-unit mixed-income apartment community for seniors 62+, Victory Court provides upscale living for seniors needing affordable housing. The property provides 45 one-bedroom apartments for households earning 50% or below of AMI and 20 two-bedroom apartments with households earning at or below 80% of AMI. The remaining apartments are leased as market rate units.
The property was made possible through collaboration with community and fiscal partners, such as Montgomery County Department of Housing and Community Affairs, the Housing Opportunities Commission of Montgomery County and Capital One, North America.
Aside from its affordability and close proximity to Rockville Town Square, the Rockville Metro and MARC stations and other amenities, the developers worked very hard to create a “home” like atmosphere at Victory Court by providing the residents activities seniors come to need and expect within a comfortable home-like setting. The property provides its residents a well-rounded lifestyle experience by providing an on-site library, community room, café, arts and crafts room, wellness center and exercise room.
Victory Housing finds its HAND membership an invaluable resource in helping it deliver on its mission. Due to the informational sessions, communications and networking opportunities HAND provides, Victory Housing has learned a great deal about the broader affordable housing community within the region.
HAND is pleased to spotlight Victory Housing, which certainly contributes to our organization’s COLLABORATION, INNOVATION, and TRANSFORMATION for the metropolitan area!