The Albee-Keith's Theater and the National Metropolitan Bank Building - two downtown landmarks whose future has been the focus of negotiations for almost a year - are among 20 District properties that have been named to receive federal historic preservation grants. Owners of the properties receive the funds after they have rehabilitated the buildings.

Under a grant from the U.S. Department of Interior, developer Oliver T. Carr could receive a total fo $200,000 if he agrees to incorporate the facades of the two buildings into a new $60-million office and commercial complex planned for the site at 15th and F streets NW. Carr would also have to agree to preserve the facades for at least 40 years.

The fate of the two buildings is still in doubt, however, since Carr has said that he will preserve the facades only if he receives a subsidy of more than $5 million.

Carr has also applied fro an Urban Development Action Grant from the U.S. Department of Housing and Urban Development to cover the rest of what he says is the additional cost of saving the facades. Urban Development Action Grants will not be announced until December.

If Carr does not preserve the facades, he will not collect the $200,000 Interior Department grant.

Grants announced last week by the D.C. Department of Housing and Community Development, which administers the program in the District, total $798,581. They are awarded for restoration or acquisition of properties listed on the National Register of Historic Places or buildings located in the historic districts of the register.

The largest single award, for $226,168, went to Gallaudet College to restore the campus gymnasium to its original condition. Dumbarton United Methodist Church in Georgetown received the smallest grant, $3.850, for the restoration of four 19th century stained glass windows.

Friendship House on Capitol Hill, a community service center that was once the home of Francis Scott Key, will receive $34,575 for repair of the building's roof, windows and facade. The Brown Memorial AME Church, at 14th Street and Constitution Avenue NE, will receive $33,757 to incorporate the facades of two Victorian rowhouses - which the church originally planned to demolish - into a new education building.

The Capitol Hill Arts Workshop will receive $50,000 to rehabilitate the B. B. French Manual Training Center, a public school unused since 1942, for use as a community art, music and dancing school. The Association for the Study of Afro-American Life and History will receive $37,500 to rehabilitate the Carter G. Woodson House at 1532 9th St. NW as its headquarters.

Youth for Understanding, a student exchange organization, will receive $11,500 for repairs to Rosedale, a historic estate at 3501 Newark St., used as the group's headquarters.

Although most of the grants are earmarked for rehabilitation projects, the Capitol Hill Restoration Society will receive $85,000 toward the purchase of the Yost-Leukardt House at 1002 Pennsylvania Ave. SE for its headquarters.

Several individual homeowners were also awarded grants to make repairs on their historic properties:

John Harrod, of 2245 Mount View Place, Anacostia historic district, $7,600 to remove the asphalt shingles and repair the original clapboard and the porch on his home.

Elaine C. Hall, of 2249 14th St. SE, $5,500 to make similar improvements to her home.

Walter D. Cromer and John Tetrault, Anacostia historic district, $18,068 and $5,627, respectively.

Robert L. Jones in the Le Droit Park historic district, $5,827 for repairing a slate roof and other rehabilitation projects.

Richard A. Mueller, Dupont Circle district, $5,380 to rehabilitate his home at 1716 Swann St. NW.

Gerald and Sandra Kurtinitis, $8,250 to rehabilitate the Lucinda Cady House at 7064 Eastern Ave.

William and Regina Krebs, $25,000 to make structural repairs to the Zalmon Richards House at 1301 Corcoran St. NW.

Barry M. Levy, $20,375 to restore the Blanche K. Bruce House at 909 M St. NW.

The D and G Partnership, $14,603 to rehabilitate a house on Stanton Park in the Capitol Hill historic district for use as a real estate office.

The grants represent no more than half of the total cost of the projects, and applicants had to prove they could obtain the rest of the necessary funds from other sources.