Celebrating Affordable Living: New Senior Apartments Launch
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Exciting New Development for Senior Living
Green Street Housing, in collaboration with HRH Holdings and Good Works, is thrilled to announce a construction celebration for the illustrious Little Patuxent Senior Apartments. This event marks a major milestone in creating affordable housing solutions for seniors, and we warmly invite the community to join us in this momentous occasion.
Vision for Little Patuxent Senior Apartments
Little Patuxent Senior is set to be a remarkable mixed-use construction that not only features a commercial drive-thru restaurant but also a welcoming senior affordable apartment community. This development promises to cater to the needs of seniors with modern, high-quality apartments situated next to the vibrant Village at Waugh Chapel. Our mission is to provide quality affordable housing to those who need it most, ensuring a supportive living environment for our treasured senior residents.
Funding and Support for Development
The funding for this ambitious project is facilitated through a Low-Income Housing Tax Credit (LIHTC) investment from The Richman Group, alongside supportive loans from Maryland's Department of Housing and Community Development (DHCD). These financial resources utilize the Multifamily Bond Program, Rental Housing Works, and a HOME loan provided by Arundel Community Development Corporation, showcasing a strong collaborative effort to transform our community.
Our Commitment to Affordable Housing
The dedicated team behind this initiative, comprised of Green Street Housing, HRH Holdings, and Good Works, has a proven track record of executing similar projects throughout the region. We take pride in Little Patuxent Senior's commitment to delivering affordable housing to seniors, reinforcing a vital community asset for residents in the wider area.
Words from Our Development Manager
Joe Buckley, Senior Development Manager of Green Street Housing, expressed, "We are honored to collaborate with Good Works and HRH Holdings to bring the Villages at Little Patuxent to life. It has been a rewarding experience working alongside Maryland CDA, Arundel Community Development Services, and The Richman Group to secure the necessary financing for this impactful development."
Details About the Celebration Event
The construction celebration is scheduled to take place at 1074 MD Rt 3. We anticipate a wonderful turnout on the day of the event. Attendees will have access to free parking on-site. This gathering will be a wonderful opportunity to understand the vision and benefits of the Little Patuxent Senior Apartments.
About Little Patuxent Senior
Little Patuxent Senior is designed to be a 78-unit affordable senior rental apartment community. With a four-story elevator building, residents will enjoy convenient surface parking and a warm, welcoming environment. This community will cater to seniors in Gambrills, Maryland, offering a mix of one and two-bedroom apartments, accommodating those with incomes between 30-60% of the area median income.
Discover More About the Developers
Green Street Housing specializes in affordable housing development, guided by experienced professionals in the industry. They take exceptional pride in using energy-efficient practices and sustainable technology, such as solar energy production in their Maryland apartment communities.
HRH Holdings: Focused on Community Growth
Based in Annapolis, Maryland, HRH Holdings concentrates on community and commercial development, with a special mission to bring more affordable housing options to Anne Arundel County. Tim Hoerner, the founder, aims to create sustainable living arrangements that enhance the local quality of life.
Good Works: A Legacy of Affordable Housing
Good Works has been a pillar in the affordable housing sector for over 25 years, specializing in the development and operation of rental units for families and seniors. Their extensive experience backs a commitment to creating impactful housing solutions for communities.
Frequently Asked Questions
What is the purpose of the Little Patuxent Senior Apartments?
The purpose of this development is to provide affordable housing options for senior residents in the community, enhancing their quality of life while ensuring access to essential services.
Who are the key developers involved in this project?
The project is a collaborative effort led by Green Street Housing, HRH Holdings, and Good Works, all of which have extensive experience in affordable housing development.
What financing supports the development?
The Little Patuxent Senior Apartments are financed through a Low-Income Housing Tax Credit investment, loans from the Maryland DHCD, and additional support from the Arundel Community Development Corporation.
How can the community participate in the celebration event?
Community members are encouraged to participate in the construction celebration event to learn more about the project and its benefits for local seniors.
When should I attend the celebration event?
The construction celebration is set to occur at 1074 MD Rt 3 at 2:00 PM on the designated date. Parking will be available on-site for attendees' convenience.
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