Hampstead Current Assets

Name: A - Z Name: Z - A Location: A - Z Location: Z - A

Banneker Homes San Francisco, CA

Property Info Banneker Homes is a 108 unit property located in San Francisco, CA and serves families at or below 60% area median income. Currently under rehabilitation, completion is expected in 2007. Financing includes tax-exempt bonds and LIHTC and facilitates a construction budget of over $10,400,000.

Charles Landing Indian Head, MD

Property Info Charles Landing is a 60-unit property located in Indian Head, MD and serves families at or below 60% area median income. Financing includes tax-exempt bonds and LIHTC and facilitates a construction budget of over $1,500,000.

Clay Courts Baltimore, MD

Property Info Clay Courts is a 144-unit development located in Baltimore, MD serving families at or below 60% area median income. Acquired and rehabilitated in 2004 financing included LIHTC, State Funds, and 236 Interest Reduction Payments and facilitated a rehabilitation of over $4,900,000 in construction related costs.

Concord Apartments Los Angeles, CA

Property Info Concord Apartments is a 232-unit scattered site development located within Los Angeles, CA and serves families at or below 60% area median income. Completed in 2006, financing includes tax-exempt bonds, LIHTC, and 236 Interest Reduction Payments and facilitated a construction budget of over $5,250,000.

Fair Oaks Apartments Little Rock, AR

Property Info Fair Oaks Apartments is a 100-unit development located in Little Rock, AR and serves families at or below 60% area median income. Currently under rehabilitation, completion is expected in 2007. Financing includes conventional debt and LIHTC and facilitates a construction budget of over $2,500,000.

LA 78 Los Angeles, CA

Property Info LA 78 is a scattered site 78-unit development located in Los Angeles, CA serving families at or below 60% area median income. Acquired and rehabilitated in 2002 financing included tax-exempt bonds and LIHTC and facilitated a rehabilitation of over $1,040,000 in construction related costs.

La Ribera, BCS ,

Property Info La Ribera, Baja California Sur, Mexico

Leeward Apartments Los Angeles, CA

Property Info Leeward Apartments is a scattered site 257-unit development located in Los Angeles, CA serving families at or below 60% area median income. Acquired and rehabilitated in 2005 financing included tax-exempt bonds, LIHTC and 236 Interest Reduction Payments and facilitated a rehabilitation of over $5,812,000 in construction related costs.

Lester Morton Court Baltimore, MD

Property Info Lester Morton Court is a 70-unit development located in Baltimore, MD serving families at or below 60% area median income. Acquired and rehabilitated in 2004 financing included tax-exempt bonds, LIHTC, HOME, State Funds, and Interest Reduction Payments and facilitated a rehabilitation of over $2,480,000 in construction related costs.

Lexington Apartments Los Angeles, CA

Property Info Lexington Apartments is a scattered site 251-unit development located in Los Angeles, CA serving families at or below 60% area median income. Acquired and rehabilitated in 2005 financing included tax-exempt bonds, LIHTC and 236 Interest Reduction Payments and facilitated a rehabilitation of over $5,684,000 in construction related costs.

Mountain View Apartments Cumberland, MD

Property Info Mountain View Apartments (formerly William Booth Tower) is a 114 unit development targeted to low-income senior residents. The $5.5M rehabilitation is "green" focused. Such improvements include reconfiguring interior walls to allow for more natural light, energy star appliances and lighting, conversion of some appliances from electric to gas, and the installation of a green roof with vegetation. Financing includes 9% LIHTC, conventional debt, American Recovery and Reinvestment Act funds, section 236 Interest Reduction Payments, and Maryland Energy Efficiency and Housing Affordability program funding.

Oak Center Homes Oakland, CA

Property Info Oak Center Homes is a joint venture between Oak Center Homes, Inc., The Hampstead Companies, and Alton Management Corp. Follow this link for more information on the scattered site project. Oak Center Homes.

Poppleton Phase II Baltimore, MD

Property Info Poppleton Phase II is the second phase in Hampstead’s comprehensive neighborhood redevelopment plan of the Poppleton neighborhood. Phase II was originally structured as a HUD cooperative but has been restructured as a tax credit limited partnership with the participation of the resident advisory board as a special limited partner. Phase II includes the rehab of 86 units and new construction of 25 units. 96 of the units will be covered by a project based Section 8 contract and the remaining 15 units will receive assistance from Project Based Vouchers from the City of Baltimore. The funding of the project includes private, federal, state and local sources including OAHP Green Retrofit Program Funds, Maryland Housing Rehabilitation Funds, and City of Baltimore HOME funds. The total funding of the project is over $24MM with over $9MM dedicated to hard construction costs.

Poppleton Phase III Baltimore, MD

Property Info Poppleton Phase III is the continued restructuring of an existing cooperative. The plan includes demolishing existing units that are uninhabitable and developing a new 30 unit modern building. Financing includes 9% LIHTC and Baltimore City HOME funds.

Poppleton Place Apartments Baltimore, MD

Property Info Poppleton Place Apartments is a 123-unit property located in the Poppleton neighborhood of Baltimore, MD and serves families at or below 60% area median income. Financing includes tax-exempt bonds, LIHTC, City funds, and a note restructuring through HUD's Mark-to-Market program. These sources facilitate a construction budget of over $5,800,000.

R Street Apartments Washington, D.C.

Property Info R Street Apartments is a historic 124 unit apartment property consisting of 5 buildings known as Wardman Row. Built between 1911 and 1912 the scope consisted of a $7.8 million rehab including an update of all major systems, roofs, kitchens, flooring, and common areas as well as the addition of six new market rate units. Financing includes tax-exempt bonds, 4% LIHTC, historic tax credits, DHCD subordinate financing, and Green Communities funding.

Windward Apartments Los Angeles, CA

Property Info Windward Apartments is a 232-unit scattered site development located within Los Angeles, CA and serves families at or below 60% area median income. Currently under rehabilitation, completion is expected in 2006. Financing includes tax- exempt bonds, LIHTC, and 236 Interest Reduction Payments and facilitates a construction budget of over $5,500,000.

Witmer Manor Los Angeles, CA

Property Info Witmer Manor is a 238-unit development located in Los Angeles, CA serving families at or below 60% area median income. The 2004 acquisition and rehabilitation included tax-exempt bonds, LIHTC and 236 Interest Reduction Payments and and facilitated a rehabilitation of over $5,430,000 in construction related costs.

Woodside Gardens Annapolis, MD

Property Info Woodside Gardens is a 144-unit development located in Annapolis, MD serving families at or below 60% area median income. Acquired and rehabilitated in 2002 financing included tax-exempt bonds and LIHTC and facilitated a rehabilitation of over $2,600,000 in construction related costs.