From the Urban Land Institute:
Plaza Roberto Maestas in Seattle; the Lindley in Bethesda, Maryland; and the Watson in Quincy, Massachusetts, have been selected as the Urban Land Institute (ULI) Terwilliger Center for Housing’s 2019 Jack Kemp Excellence in Affordable and Workforce Housing Award.
The annual award recognizes best practices in the development of housing that is affordable to people with a broad range of incomes. Developments eligible for the award are those in which all or a portion of the units are affordable to households earning up to 120 percent of the median income in the areas in which the projects are located.
A new luxury, mixed-income multifamily building in Chevy Chase, Maryland, the Lindley is one of the first buildings of its kind to include private equity as a major funding source while remaining under the principal control of a public housing authority. Previously the site of 68 low-rise garden apartments owned by the Housing Opportunities Commission of Montgomery County, the complex was designed to take advantage of density near major traffic hubs, along with the site of the future Washington Metropolitan Area Transit Authority Purple Line, and can serve as a model for future public/private partnerships to develop affordable and mixed-income housing.
Read the Urban Land Institute's article “Three Housing Developments Named Winners of the 2019 ULI Excellence in Affordable and Workforce Housing Award,” featuring the Housing Opportunities Commission of Montgomery County.