MD Maple Heights
Development Details
MARYLANDMaple Heights
301 West Maple Heights Court, Rising Sun, MD 21911
78 Units
General Occupancy
Placed in Service: 2006
Maple Heights is a newly constructed 78-unit workforce community in Rising Sun, Maryland. Containing one-, two-and three-bedroom stacked flats, the architecture was designed to mimic a townhouse community. 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.
Source of Funds:
- LIHTC Equity
- Maryland Department of Housing and Community Development (DHCD) Rental Housing Production (RHP) Program
- Conventional First Mortgage
- Conventional Construction Loan
Photos
Map