Cambridge Club - Delaware Valley Development Company

5220 Woods Road, Cambridge, MD 21613
76 Units
General Occupancy

Sources of Funds

• Low Income Housing Tax Credit (LIHTC) equity
• Maryland Department of Housing and Community Development (DHCD) Rental Housing Production Program (RHP)
• Permanent Loan from Delaware Community Investment Corporation (DCIC)
• Conventional Construction Loan
• Conventional Permanent Loan

Project Description

Cambridge Club is a newly constructed 76-unit affordable community for general occupancy in Cambridge, Maryland. The project was financed with DHCD RHP funding, a conventional loan from Mellon Bank, and equity from Low Income Housing Tax Credits

Project Status:  Completed 2006