Village at Slippery Hill

Details

Type: New Construction

Location: Nesbit Rd. Grasonville, MD

Year Developed: 2019

Status: Complete

Units: 66

TDC: $20.1 Million

LIHTC Equity: $15.6 Million

Sources of Funds:

LIHTC and Private Bank Loan

Description

The Village at Slippery Hill is a three-phase new construction project. The first phase is under construction as of January 2019. This project uses 9% competitively awarded Low Income Housing Tax Credits from the State of Maryland. Of the 66 units, 7 units will be market-rate and 59 for families with low-moderate income. Construction is expected to be completed in April 2020.

Interested in renting @ Slippery Hill?

Please contact: slipperyhill@tmamgroup.com or call (800) 922-3720