Magnolia Meadows - Delaware Valley Development Company

Magnolia Meadows

7080 Lauren Lane, #1001, Easton, MD 21601
99 Units

General Occupancy

Sources of Funds

  • Conventional construction/permanent loan
  • Maryland Department of Housing and Community Development (DHCD) Rental Housing Production Program (RHP)
  • DHCD Partnership Rental Housing Program (PRHP)
  • Low Income Housing Tax Credit (LIHTC) equity

Project Description

Magnolia Meadows is a new construction 99-unit affordable family community located in Easton, Maryland. Project funding included Low Income Housing Tax Credits, Maryland Department of Housing and Community Development (DHCD) Rental Housing Partnership Program (RHP) funds and private funding from Mellon Bank. The project was completed on time and within its original budget.

Project Status: Completed 2004