Enterprise Community Development announced that two of its projects have been awarded 9% Low-Income Housing Tax Credits (LIHTC) through the Maryland Department of Housing and Community Development’s 2025 competitive funding round.
The selected projects—Rideout Heath in Columbia, Howard County, and Silver Spring United Methodist Church in Silver Spring, Montgomery County—were among a small group of developments statewide to receive these awards. Together, they will deliver nearly 300 energy-efficient and accessible homes.
The Silver Spring United Methodist Church project will transform the historic church campus into a 135-unit affordable, mixed-use community. In Howard County, Rideout Heath will replace an aging 83-unit property in Columbia’s Harper’s Choice Village with a 160-unit, mixed-income community.
Both developments are being led by Enterprise Community Development, with Harkins Builders as the general contractor. Moseley Architects is the architect for Rideout Heath, and Wiencek + Associates is the architect for Silver Spring United Methodist Church. Enterprise Residential will oversee management at both communities.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California