Development Program:

• 267 Age-Restricted Units
• 261,852 SF Housing Unit
• 133,495 SF Recreation & Aquatic Center
• 7,342 SF Holy Cross

Total Development Budget:

• $186,546,469 Million

Financing Structure:

• LIHTC Equity (4% – Income Averaging)
• Tax-Exempt Bonds
• County CIP Funds
• Housing Initiative Fund
• Deferred Development Fees
• Developer’s Equity

Services Provided:

• Entitlements
• Financing
• Development
• Construction Management

Reference: 

Housing Opportunities Commission of Montgomery County (HOC)
Stacy Spann, Executive Director
Email: [email protected]
Phone: 410-206-5591