Silver Spring, MD – Enterprise Community Development, in partnership with Seabury Resources for Aging, announced the redevelopment of Springvale Terrace, an existing senior housing community in Silver Spring, Maryland. The redevelopment will replace the current aging property with a new, modern, mixed-income community designed to better serve low- and moderate-income seniors and support aging in place.
Originally built in the 1960s, Springvale Terrace includes 146 units and was among the first properties in the Washington region developed under HUD’s Section 202 program.
The property has long been a cornerstone of affordable senior housing in Silver Spring. The planned redevelopment represents an opportunity to reimagine the community for the future, with updated and enlarged apartments, expanded amenities and enhanced services designed to support seniors in aging comfortably and independently. As housing needs and expectations have evolved over time, the redevelopment will ensure the community continues to meet the needs of today’s seniors.
“Springvale Terrace has been home to generations of residents, and we don’t take that lightly,” said Janine Lind, President of Enterprise Community Development. “What’s most important to us is creating a community where seniors feel comfortable, supported and able to stay connected, not just to their homes, but to the community around them.”
The redevelopment will include demolition of the existing structure and construction of a new 236-unit senior community, to be known as The Springvale, significantly increasing the number of homes available. The new development will serve residents earning between 30% and 80% of Area Median Income (AMI), with the majority of units affordable to households earning 30% to 60% AMI.
The redesigned community will feature one- and two-bedroom apartments with modern amenities, including in-unit washers and dryers, full kitchens, energy-efficient appliances and finishes, and high-speed internet. Residents will also benefit from enhanced shared spaces such as a fitness center, library, social and media rooms, and a central outdoor courtyard designed to promote social engagement and wellness.
Located within walking distance of downtown Silver Spring, the community is close to transit, retail and essential services. The redevelopment will enhance access to these amenities while creating a more comfortable and connected living experience for residents. The site is also near a planned Purple Line station, further strengthening connectivity for future residents.
As part of the redevelopment process, residents were relocated. Eligible former independent living residents will have the opportunity to return once the new community is complete.
“Seabury is proud to continue its longstanding commitment to serving older adults through this next chapter at Springvale Terrace,” said Dawn Quattlebaum, Executive Director of Seabury Resources for Aging. “This new community will allow residents to age with dignity, independence and access to the services they need to thrive. Seabury is proud to continue offering resident services at the newly completed community.”
The Springvale is expected to be completed in 2028 and will be built to Enterprise Green Communities standards, incorporating sustainable features such as energy-efficient systems, water conservation measures and rooftop solar.
Lenders and investors include government funding sources, such as the U.S. Department of Housing and Urban Development, the State of Maryland and Montgomery County, Enterprise Community Investments and Capital One. The redevelopment is also supported by the Housing Opportunities Commission of Montgomery County, with 47 units receiving project-based rental assistance through HUD’s Restore-Rebuild Initiative.
The redevelopment is being designed by KGD Architecture, with engineering by MHG (Macris, Hendricks and Glascock) P.A and construction led by Bozzuto.
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Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging. Join us at enterprisecommunity.org.
Enterprise Community Development is a mission-driven affordable housing provider that specializes in high-impact residential development, preservation, property management and resident services for more than 24,000 people who call our communities home. Our $1.25 billion portfolio includes 115 communities and 13,000 homes, positioning us as the largest nonprofit affordable housing provider in the Mid-Atlantic and the sixth largest nonprofit owner of affordable housing in the United States. We are an affiliate of Enterprise Community Partners. For more information, visit www.enterprisecommunitydevelopment.org.
Seabury Resources for Aging® is a 102-year-old Washington, DC nonprofit that serves more than 6,000 older adults and families in the Greater Washington, DC region. We are a trusted leader providing a broad range of support to residents, members, and clients. Seabury Resources for Aging’s mission is to provide personalized, affordable housing and services to help older adults in the Washington, DC area live with independence and dignity. For more information, visit www.seaburyresources.org.
