CASE STUDIES

Bethel Gardens (Hagerstown, MD)

Bethel Gardens (Hagerstown, MD)

Local nonprofit Bethel Corporation and Hudson Valley Property Group closed on $18.5MM of financing to renovate this vintage HUD 236 asset in Washington County with bonds issued by Maryland CDA.

Westminster House (Baltimore, MD)

Westminster House (Baltimore, MD)

This 50-year-old high rise closed on $45MM in financing in June 2017 to complete substantial renovations which will benefit the senior residents for years to come.

Bowen Flats (Anacostia, DC)

Bowen Flats (Anacostia, DC)

This development will bring 41 brand new mixed income units to downtown Anacostia.

Atlantic Terrance and Atlantic Gardens (Bellevue, DC)

Atlantic Terrance and Atlantic Gardens (Bellevue, DC)

WinnDevelopment closed on $69 million of multi-layered financing for Atlantic Gardens and Atlantic Terrace in Washington, D.C.

St. Stephens (Deanwood, DC)

St. Stephens (Deanwood, DC)

This $23 million transit oriented development will create a mixed income community that will include 18 units of Permanent Supportive Housing in collaboration with the Department of Behavioral Health and the District of Columbia Housing Authority.

The Heights on Georgia Avenue (Petworth, DC)

The Heights on Georgia Avenue (Petworth, DC)

Neighborhood Development Company and Mi Casa, Inc. closed $24 Million for mixed-use building located at 3232 Georgia Avenue, NW.

Progression Place (Shaw, DC)

Progression Place (Shaw, DC)

Four Points LLC secured $23 Million of New Market Tax Credit allocation for $150 Million Mixed-use Development over 320,000 GSF of office space, storefront retail, apartments and below-grade parking.

DC Housing Authority - Technical Assistance

DC Housing Authority - Technical Assistance

Audubon Enterprises was selected to provide technical advisory services to the District of Columbia Housing Authority (“DCHA”) in 2013 and again in 2014.

VIDA Senior Residences (Brightwood, DC)

VIDA Senior Residences (Brightwood, DC)

Ground up construction of 36 units funded with 9% LIHTC.