The Hampstead Companies are a full
service housing development firm. Historically, a leader and innovator in
affordable housing, The Hampstead Companies continue to pave the way in housing
development.
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.
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 consists 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Concord 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 $5,250,000.
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.
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.
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.
