Myrtle Terraces, a rental housing property for seniors in Gainesville owned and developed by the nonprofit Beverly J. Searles Foundation, has been named the winner of the 22nd annual Charles L. Edson Tax Credit Excellence Awards in the Seniors Housing category. Myrtle Terraces includes one three-story building with 36 one-bedroom apartments and 48 two-bedroom apartments. It is named for Myrtle Figueras, a retired teacher, City Council member and former mayor.