Artist Flats

Reference:

• Howard County Housing Commission (HCHC)
• Peter Engel, Executive Director
• pengel@househoward.org
• 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