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DCHA’s most recent redevelopment project is Sheridan Terrace and is slated to be built on nearly 10 acres that once were home to the Sheridan Terrace public housing property, a 183-unit building that was demolished in September 1997 and vacant since 1994. 

The successful HOPE VI competitive grant application was submitted in November 2007 by a collaborative team led by the District of Columbia Housing Authority (DCHA), in partnership with William C. Smith & Co., the lead developer for the project.
 
DCHA and partners received $20 million from the U.S. Department of Housing and Urban Development (HUD) to create a new community comprising 344 new units in a mixed-income community, including 165 home ownership units and 179 rental units. 


Homes for the Workforce
The new Sheridan Terrace will be a mixed income community to serve low income and moderate-income families, and offer workforce family apartments. 

An aggressive outreach effort has helped DCHA locate 87 former Sheridan Terrace families who have expressed an interest in participating in the Community Supportive Services Program (CSSP), including 77 people who wish to return to the redeveloped site. Resident outreach will continue and, as with all HOPE VI projects, DCHA will give priority to qualified returning residents for any type of housing unit they wish to occupy, rental or home ownership.
 
The proposed plan provides for substantial affordable home ownership opportunities, with 10 units targeted to low- and moderate-income families, in addition to 115 market-rate homeownership units. The project’s CSSP will be charged with helping former Sheridan Terrace residents move toward home ownership through intensive counseling, financial literacy services, and a mentoring program. 
 
Going Green
Sheridan Terrace is being developed as a sustainable community meeting all of the standards consistent with the DCHA Strategic Plan and Redevelopment Principles adopted by the DCHA Board of Commissioners. Construction of Sheridan Terrace will meet the Enterprise Foundation’s Green Communities Standards. The Development Team will also seek LEED (Leadership in Environmental and Energy Design) certification and a LEED certified Civil Engineer and Landscape Architect are included as part of development team.
Last modified: 12/22/2014 9:10:28 PM