MHP at White Flint

Opportunity:

  • Size: 2.66 acres
  • Located in:
    • Community of Opportunity
    • Priority Funding Area
    • Sustainable Community

About This Property

The buyer, Montgomery Housing Partnership (MHP), will develop much needed affordable housing by utilizing both 4% and 9% LIHTCs. In addition to the maximum 9% award, they were awarded $1,000,000 from the Rental Housing Program, and will receive a $2,200,000 grant from Amazon’s Housing Equity Fund.  All 163 units will be preserved as affordable for households earning between 30% and 80% of area median income.

This 2.66-acre property is located in a Maryland designated Community of Opportunity, Priority Funding Area, and  Sustainable Community.

Contact: Adam Stein

astein@bwreb.com | (202) 603-5587