Celebrating the Grand Opening of Lewinsville Senior Residences in McLean, Virginia
Wesley Housing Development Corporation of Northern Virginia celebrated the grand opening of Lewinsville Senior Residences in McLean, Virginia! Lewinsville Senior was built on Lewinsville Center, the site of a former high school tuned community center with senior apartments. The community provides 82 affordable homes for seniors of which nine units are set aside for seniors with intellectual or developmental disabilities. Wesley Housing Development Corporation will provide health and wellness, leaning and arts, and social and recreational services to tenants. The project is in prime location to dining options, Tysons Corner Mall, and various service facilities.
TD Bank provided $9 million in construction bridge financing. Permanent Financing included $7.35 million from Wells Fargo and $650,000 from the Virginia Housing Trust Fund. Enterprise provided $12.5 million of equity on behalf of TD Bank.