Open since February, the Victory Terrace housing community had its official dedication and opening ceremony on May 22.
The building, on Newbridge Lane in Potomac, has 72 apartments, with only 14 being rented at market rates. The rest of the units are being reserved for seniors, age 62 and over, whose income is under 60 percent of the area median, with some reserved for those who make under 40 percent.
"We want to make sure that Montgomery County is a great community for all," said County Executive Doug Duncan (D). "To do that, you’ve got to have different options."
The ceremony also made some early Memorial Day references, by honoring the World War II generation, members of which will make up some of the residents in the building.
"We can’t do enough for them," said Cardinal Theodore McCarrick, archbishop of Washington. "We can’t do enough for anybody who is part of America."
McCarrick was on hand because the community is operated by Victory Housing, the non-profit, housing arm of the Washington Archdiocese.
The project was financed through low-interest loans and tax credits from federal, local and state sources.
"When good is done, we all do well," said Del. Jean Cryor (R-15).