Eastern Avenue is an 88-unit two bedroom apartment complex comprised of 22 two-story buildings located in Seat Pleasant, Maryland. Using HUD’s Section 221d4 program for substantial rehabilitation; AGM obtained a HUD-insured mortgage of $7,200,000 with a fixed interest rate over 37 years. The project used short term tax exempt bonds to obtain Low Income Housing Tax Credits.
2911 Rhode Island Avenue in Washington DC
AGM Financial Services, Inc. is proud to announce the successful closing of a $14,450,500 Section 221(d)(4) mortgage for this 100 unit new construction project. The
