Real Estate Portfolio > Affordable Housing Developments > Carvel Gardens
Carvel Gardens
801 Daniel St., Laurel Woods, DE 19956
100 Units
General Occupancy
Sources of Funds
- Low Income Housing Tax Credit (LIHTC) equity
- Delaware State Housing Authority (DSHA) HOME/HDF
- DSHA Affordable Rental Housing Program (ARHP) Funds
- Permanent Loan from Delaware Community Investment Corporation
Project Description
The Carvel Gardens redevelopment project included the substantial rehability of the existing Carvel Gardens rental community. Owned by Better Homes of Laurel, Inc., DVDC was brought in as a constultant to manage the redevelopment of Carvel Gardens. The existing buildings received all new plumbing, electrical, HVAC systems, drywall and finishes, appliances, windows, and doors. In addition, a new community center and office were constructed on-site.
Project Status: Completed 2013
