Real Estate Portfolio > Affordable Housing Developments > Maple Heights
Maple Heights
301 West Maple Heights Court, Rising Sun, MD 21911
78 Units
General Occupancy
Sources of Funds
- Conventional construction/permanent loan
- Maryland Department of Housing and Community Development (DHCD) Rental Housing Production Program (RHP)
- Low Income Housing Tax Credit (LIHTC) equity
Project Description
Maple Heights is a newly constructed 78-unit workforce community in Rising Sun, Maryland. Construction closing was successfully achieved in November 2005 and construction was completed in one year. Project financing consisted of Maryland DHCD RHPP, conventional loan from Mellon Bank, and LIHTC equity.
Project Status: Completed 2005