Details
Type: Family Acq/Rehab
Location: 1001 Cosby Ave, Cambridge, MD
Year Developed: 2016/2017
Status: Complete
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 included roughly $3.8 million in renovations. The project closed in December 2016 and construction was completed in October 2017. The project is fully closed out and turned out very nice.
