HAVRE DE GRACE, MD - Green Street Housing, a Maryland affordable housing developer, hosted a groundbreaking ceremony at the Village at Blenheim Run in Havre de Grace, Maryland. Village at Blenehim Run is a new construction mixed-income development that now provides a modern, high quality apartment community dedicated to providing quality affordable housing to qualifying tenants in need, as well as market rate units and commercial rental space.
The property is financed through a Low-Income Housing Tax Credit investment from Hudson Housing Capital and Bank of America – who also provided the construction debt financing, a long-term loan from PNC and Freddie Mac, as well as a grant won through Federal Home Loan Bank of Atlanta.
The co-developers, Green Street Housing and TM Associates Development, Inc., have embarked on several similar projects across Maryland over the last few years and are proud to add Blenheim Run which will provide high quality, affordable housing to its residents and a community asset that the Town of Havre de Grace can be proud of for many years to come.
"We are proud to have partnered with TM Associates Development to bring the dream of Blenheim Run to life, and to serve the residents of Havre de Grace and Harford County", said David Layfield, Principal of Green Street Housing.
Source: Green Street Housing / TM Associates Development