Exciting New Development for Senior Living
Green Street Housing, in partnership with HRH Holdings and Good Works, is excited to announce a celebration marking the construction of the esteemed Little Patuxent Senior Apartments. This event signifies a significant step forward in providing affordable housing solutions for seniors, and we warmly invite the community to join us in this important occasion.
Vision for Little Patuxent Senior Apartments
The Little Patuxent Senior Apartments will be an impressive mixed-use development that includes a commercial drive-thru restaurant alongside a welcoming community of affordable apartments for seniors. This project aims to meet the needs of seniors by offering modern, high-quality living spaces adjacent to the lively Village at Waugh Chapel. Our goal is to ensure that those who need it most have access to quality, affordable housing, fostering a supportive environment for our valued senior residents.
Funding and Support for Development
This ambitious project is backed by funding from a Low-Income Housing Tax Credit (LIHTC) investment from The Richman Group, along with supportive loans from Maryland's Department of Housing and Community Development (DHCD). These financial resources are part of the Multifamily Bond Program, Rental Housing Works, and a HOME loan from Arundel Community Development Corporation, highlighting a strong collaborative effort to revitalize our community.
Our Commitment to Affordable Housing
The dedicated team behind this initiative, which includes Green Street Housing, HRH Holdings, and Good Works, has a solid history of successfully executing similar projects in the region. We take pride in the commitment of Little Patuxent Senior to provide affordable housing to seniors, reinforcing a vital community asset for residents in the surrounding area.
Words from Our Development Manager
Joe Buckley, Senior Development Manager at Green Street Housing, shared, "We are honored to partner with Good Works and HRH Holdings to bring the Villages at Little Patuxent to fruition. It has been a fulfilling experience to collaborate with Maryland CDA, Arundel Community Development Services, and The Richman Group to secure the necessary funding for this impactful development."
Details About the Celebration Event
The construction celebration is set to take place at 1074 MD Rt 3. We expect a fantastic turnout on the day of the event, and attendees will have access to free parking on-site. This gathering will provide a wonderful opportunity to learn more about the vision and advantages of the Little Patuxent Senior Apartments.
About Little Patuxent Senior
Little Patuxent Senior is designed as a 78-unit affordable rental apartment community for seniors. Featuring a four-story elevator building, residents will benefit from convenient surface parking and a friendly, inviting atmosphere. This community will serve seniors in Gambrills, Maryland, offering a mix of one and two-bedroom apartments for individuals with incomes ranging from 30-60% of the area median income.
Discover More About the Developers
Green Street Housing specializes in the development of affordable housing, led by a team of experienced professionals in the industry. They take great pride in implementing energy-efficient practices and sustainable technologies, such as solar energy production, within their Maryland apartment communities.
HRH Holdings: Focused on Community Growth
Located in Annapolis, Maryland, HRH Holdings is dedicated to community and commercial development, with a focus on increasing affordable housing options in Anne Arundel County. Founder Tim Hoerner aims to create sustainable living environments that improve the local quality of life.
Good Works: A Legacy of Affordable Housing
For over 25 years, Good Works has been a cornerstone in the affordable housing sector, specializing in the development and management of rental units for families and seniors. Their extensive experience underscores a commitment to creating meaningful housing solutions for communities.
Frequently Asked Questions
What is the purpose of the Little Patuxent Senior Apartments?
This development aims to provide affordable housing options for senior residents in the community, enhancing their quality of life and 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 significant 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 join 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 scheduled for 2:00 PM at 1074 MD Rt 3 on the specified date. Parking will be available on-site for the convenience of attendees.
