1,200+
programs for aging in place
3,000+
older adults provided with a place to call home
$1,000,000+
invested in the needs and well being of residents
THE CHALLENGE
More and more seniors turn
65 EVERY DAY
More and more of them lack the means to afford safe, quality housing.
Homelessness among seniors is projected to
INCREASE 33% by 2020
INCREASE 100% by 2050
The need for low-cost housing for seniors is of paramount importance.
According to the National Low Income Housing Coalition, D.C., Maryland and Virginia need to add around
350,000 HOUSING UNITS
to fill the current affordable housing gap.
THE SOLUTION
Fellowship Square is home to
800+
SENIORS living on a very low fixed income.
More than just a roof over their heads, we provide a multitude of programs and services to enhance their quality of living and help them age in place. At the same time, we work diligently within affordable housing coalitions to raise the alarm that more development is needed.
Fellowship Square contracts with the US Department of Housing and Urban Development (HUD) to cover expenses associated with each property including overall property management, mortgages, construction costs, building maintenance, taxes, insurance, and rent subsidies. The housing contracts with HUD require Fellowship Square to meet federal regulations pertaining to income profiles of residents. Residents’ rents are no more than 30% of their annual income.
Residents’ rents are no more than
30%
of their annual income.
Your Dollars Make a Difference
Fellowship Square is making sound investments now and into the future – much-needed upgrades to our aging Hunters Woods Fellowship House, a new building for Lake Anne residents, increasing programs and services for residents, expanding advocacy efforts, and continuing to be equipped for emergency situations that our residents encounter from time to time including food shortages, medical/dental issues, transportation and other urgent needs that are especially challenging for seniors with limited incomes.
Lake Anne Redevelopment
Our Most Ambitious Undertaking
In 2016, Fellowship Square entered into a partnership agreement with Community Preservation and Development Corp to redevelop the Lake Anne Fellowship House. The nearly $80 million project includes the construction of a new 240-apartment building and the demolition of the existing Fellowship House. In 2018, the project team received approval by both the Reston Design Review Board and the Fairfax County Board of Supervisors to move forward on our plans. This is a huge milestone in our efforts to redevelop this property and provide residents with a new modern building that will serve them and hundreds of other future residents. The project is expected to be completed in 2022.
Hunter Woods Fellowship House
An Investment in Our Future
We have assembled a professional team of consultants and construction managers to assist us in refinancing and renovating Hunters Woods Fellowship House. Since opening in 1979, the building has served hundreds of residents and provided a place for both community meetings and resident activities. Walking into Hunters Woods today, you can see that the building could use some upgrades. By refinancing the project, we will have funds available to not only make major improvements to the building including heating/cooling systems, converting 12 units into fully accessible units and fully modernizing the common space, but we will also have funds to invest in future projects including the addition of other properties to the Fellowship Square portfolio. The renovation project is expected to be completed in 2021.