Galen Terrace
PROJECTS
Galen Terrace
Washington, D.C.
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Somerset acquired Galen Terrace Apartments, a 84-unit, Section 8 property, in partnership with National Housing Trust-Enterprise Preservation Corporation and the Galen Terrace Tenant Association in 2006. The property is located in the Anacostia neighborhood in southeast Washington D.C. Utilizing tax exempt bonds and Low Income Housing Tax Credits through the D.C. Housing Finance Agency, and funding from the D.C.’s Department of Housing and Community Development, Somerset and its partners completed a renovation of the property in May 2007. The renovation included all new HVAC systems, new kitchens and baths, new windows, new entrances, new roof, new laundry rooms, a new community center with computer center, new landscaping, fencing and lighting, energy efficient appliances and systems and new security systems. The renovations incorporated many "green" features that have made the building more energy efficient and healthier for residents. Galen Terrace was the first rehabilitated property in D.C. to meet all the green criteria under the Enterprise Green Community Initiative. The partnership is dedicating operating income soliciting grants, and establishing partnerships to support comprehensive services such as after school and summer programs, workforce development programs and organized activities for senior citizens. Total Development costs were $13.6 million. Somerset and NHT-Enterprise’s won the 2008 Housing Achievement Award for “Best Project in DC” from the Housing Association for Non-profit Development (HAND). Property Information Project Partners Hubbard Place | Professional Arts Building | Station North Townhomes | Urban Village | Faircliff Plaza East | Faircliff Plaza West | Galen Terrace | 1701 N. Calvert Street | Fort View | Webster Gardens |
