Enterprise Community Development Opens Housing Development in MD
Enterprise Community Development recently celebrated the grand opening of Magnolia Gardens, a new 72-unit affordable housing community in La Plata, Maryland.
Local and state officials joined Enterprise and project partners at the event to commemorate the milestone. Magnolia Gardens is the first non-age-restricted 9% Low Income Housing Tax Credit (LIHTC) development in Charles County and Enterprise’s first project in the area.
“These apartment homes offer a range of housing options that are modern and energy efficient and provide a much-needed resource, housing for essential local workers, including fire fighters, teachers, bus drivers and police officers,” said Janine Lind, President of Enterprise Community Development.
The community features one-, two-, and three-bedroom apartments spread across four garden-style buildings. Architecture by Design is the project architect, Harkins Builders is the general contractor, and Lorenzi, Dodds & Gunnill is the civil engineer. Enterprise Residential provides property management and resident services.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout