Details
Type: Acq/Rehab
Location: 1001 Cosby Ave, Cambridge, MD
Year Developed: 2016
Status: Under Construction
Units: 20
TDC: $7.3 million
LIHTC Equity: $5.3 million
Sources of Funds:
9% LIHTC, USDA Sec. 515 & HOME
Description
Greenwood Village received an allocation of 9% tax credits from the Fall 2015 round. The project will include roughly $3.8 million in rehab. The project closed in December 2016 and construction will be complete in Fall of 2017.
