ProjectsArtist Flats Project Details: Reference: Howard County Housing Commission (HCHC) Peter Engel, Executive Director [email protected] 443-518-7825 Development Program 174 Mixed-income Unit Development 87 Affordable Units (53 Units 9% and 34 Units 4%) 87 Market Rate Units 142,548 SF Housing Units Total Development Budget $115,274,099 Million Financing Structure LIHTC Equity (Twinning – 9% and 4%) Taxable/Tax-Exempt Bonds Rental Housing Works Rental Housing Partnership Deferred Development Fees Developer’s Equity Services Provided Financing Development Emory Grove United Methodist Church The Modern at Art Place