What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
128 Affordable Apartments Proposed for Former Sanford Capital Complex
✉️ Want to forward this article? Click here.
![128 Affordable Apartments Proposed for Former Sanford Capital Complex: Figure 1](https://assets.urbanturf.com/dc/images/blog/2018/02/terrace-manor550.jpg)
Barely six months after the notoriously neglectful landlord Sanford Capital agreed in bankruptcy proceedings to sell the derelict Terrace Manor complex, a new development is in the works.
WC Smith has filed a zoning application that envisions replacing the 11 vacant buildings that comprise Terrace Manor at 2270-2272 and 2276 Savannah Street SE and 3341-3353 23rd Street SE (map) with a new affordable community. An L-shaped building with 128 affordable apartments would be built on the 2.3 acres across those sites.
story continues below
loading...story continues above
There would be 78 one-bedrooms, 39 two-bedrooms and 11 three-bedrooms, all of which would be for households earning no more than 60 percent of the median family income.
A special exception is required to construct new multi-family units on the site, which is zoned RA-2. WC Smith expects to seek funding from the Department of Housing and Community Development and low-income housing tax credits and bond financing from the DC Housing Finance Agency.
Stoiber and Associates is the architect on the project. A zoning hearing has not yet been scheduled.
See other articles related to: terrace manor
This article originally published at https://dc.urbanturf.com/articles/blog/128-affordable-apartments-proposed-for-terrace-manor-redevelopment/13568.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro