MD Cambridge Club

Cambridge Club
5220 Woods Road, Cambridge, MD 21613

76 Units
General Occupancy
Placed in Service: 2006

Located in the charming eastern shore town of Cambridge, Maryland, Cambridge Club features a newly constructed 76-unit affordable community for general occupancy. Utilizing traditional stacked flats, Cambridge Club is comprised of one- and two-bedroom units. The project was financed with DHCD RHP funding, a conventional loan, and equity from Low Income Housing Tax Credits.

Source of Funds:

• LIHTC Equity
• Maryland Department of Housing and Community Development (DHCD) Rental Housing Production Program (RHP) Loan
• Conventional First Mortgage
• Conventional Construction Loan