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The District of Columbia Housing Authority, in partnership with lead developer William C. Smith & Co., is proud to welcome more than 325 families to their new homes at Sheridan Station.

“This new transit-oriented, sustainable community is another example of what we at DCHA strive for—affordable, safe, and healthy neighborhoods for our families of all economic levels in the District. Sheridan Station not only preserved affordable housing, but created much more in the District,” said DCHA Executive Director Adrianne Todman at the ribbon cutting on September 28. “I am so pleased we are welcoming returning families, as well as new ones.”

Several officials were on hand to witness the final phase of Sheridan Station’s redevelopment. The 14-acre property, formerly Sheridan Terrace public housing, now is home to 327 new units in a mixed-income community, including 80 affordable homeownership units. There are also 247 affordable rental units, all of which serve families with incomes up to $64,000. The first rental units were delivered in December 2012, so some families have already moved in.

Sheridan Station is the latest of several successful mixed-income redevelopments facilitated by DCHA. The agency’s expertise in completing complex, public-private, large-scale redevelopment advances the preservation of affordable housing in the District of Columbia. The property, adjacent to the Suitland Parkway, is bounded by Sheridan, Howard, and Pomeroy roads in Southeast.

“Like DCHA’s other mixed-income developments, Sheridan Station’s redevelopment has and continues to serve as the impetus driving a larger scale neighborhood and community reinvestment,” said DCHA Chairman Terri Thompson. “The combined funding from DCHA, the District, WC Smith, and other partners helped the larger Sheridan Station community flourish.”

The $100 million project was built in three phases and began with a $20 million HOPE VI grant from the U.S. Department of Housing and Urban Development in March 2008 and $5.8 million in the American Recovery and Reinvestment Act (ARRA) of 2009. The District provided $10.6 million. WC Smith secured construction financing from the private market, including low income housing tax credit equity and funding from Enterprise Foundation.

“Sheridan Station is a $100 million investment in high-quality transit-accessible housing for residents at a range of incomes,” said Chris Smith, Chairman and CEO of WC Smith. “We think that Sheridan Station will be an asset to the neighborhood, as well as a model for affordable and environmentally-friendly multifamily housing.”

The former Sheridan Terrace site, which once held a 183-unit building that was demolished in 1997 and vacant since 1994, now boasts a community that is vibrant mixed income and mixed tenure housing serving families at all income levels, and families who purchased homes at market rate. Some of the residents include former Sheridan Terrace families have moved back into the community as renters and others as homeowners.

“I’m especially pleased that Sheridan Station features so many renewable resources to enhance the neighborhood’s quality of life,” Todman said.

DCHA was awarded $5.8 million from ARRA to add sustainable infrastructure to of the multifamily building at Sheridan Station, which meets the Enterprise Foundation’s Green Communities Standards. This structure is a LEED Certified Platinum building, featuring solar panels that offset about 30 percent of the 114-unit building’s energy use, among other features. This building is one of several in DCHA’s growing Sustainable Communities program.  

Another quality-of-life addition to this community is a 5,400-square-foot a private medical office located on the first floor of the multi-family building. The medical office serves families inside and outside of the community. The rental income generated by the medical office is an income source used to operate and maintain the building. 

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Mayor Muriel Bowser speaks about affordable housing.
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DCHA Executive Director Adrianne Todman celebrates yet another successful redevelopment.
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Council member LaRuby May said Sheridan Station's homeownership brings opportunities for families to have a legacy.
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Pam Askew, senior vice president of affordable housing development for WC Smith, said her company exceeded the local hiring goals at Sheridan Station.
Last modified: 9/28/2015 1:58:54 PM