LIHTC, USDA RD Section 515 Loan, and USDA Section 538 Loan
Carrolltowne Village Apartments is an existing 32 unit apartment complex constructed in the 1980s using the USDA RD Section 515 loan program. This project will receive an additional 8 units entitled to it through the original construction site plan. This gut-renovation is set to begin in July 2019. In 2018 the project received competitively awarded 9% tax credits in the State of Maryland.