Alexander House 7 East Washington Street, Hagerstown, MD 21740 / 95 units
Alexander House was built in 1928 as a hotel in the Renaissance Revival style and renovated in 1978 to accommodate 95 residential units set aside for low income elderly aged 62 and over, and the disabled. NHPF purchased the Alexander House in 2015 to prevent the loss of the affordable housing and worked to secure financing for its renovation which was completed in 2023. The exterior was historically renovated and the residential units were entirely overhauled making for a safer and more energy efficient building all the while maintaining the historical style and integrity. The ten-story property, prominently located in the center of downtown Hagerstown, also includes over 30,000 square feet of commercial and community space.
Bolton North 1600 W. Mount Royal Avenue, Baltimore, MD 21217 / 209 units
Bolton North is a 209-unit senior housing high-rise located close to Baltimore’s scenic Inner Harbor. This senior-housing community is situated in the historic and thriving Bolton Hill neighborhood, a community known for its tranquil, tree-lined streets populated by restored mid to late 19th-century three- and four-story townhouses, urban mansions, churches, and public buildings.
Bolton North, purchased with our development partner Urban Atlantic through the PNC fund in 2014, underwent a moderate rehabilitation, handled as a tenant in place relocation. It included four primary scopes of work: windows in the entire building were replaced from the inside; fire sprinkler systems were extended into every unit; basic unit work was be done in about a third of the units (e.g. replacing light fixtures, cabinets, and appliances); 11 units were converted into barrier-free units.
Calvin Mowbray Park & Stephen Camper Park 700 Weaver Avenue, Cambridge, MD 21613 / 190 units
The Housing Authority of the City of Cambridge, Maryland (CHA), made the decision to participate in the Rental Assistance Demonstration (RAD) Program administrated by HUD in order to substantially rehabilitate this aging portfolio of 190 units which NHPF is managing as an on-site relocation. HUD created the RAD Program to foster public and private partnerships that are capable of completing renovations on a large scale. As a result, CHA has partnered with The NHP Foundation and a local developer to undertake a comprehensive rehabilitation of the property with LIHTC. Calvin Mowbray Park & Stephen Camper Park was purchased in 2016 and completed a substantial renovation in 2019. The property was built in 1972 and 1973 by the Housing Authority of Cambridge and contains a total of 88 buildings featuring 190 units from one- to five-bedrooms. The property’s renovated units feature kitchen upgrades, installations of washers and dryers, bathroom upgrades, and much more.
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NHPF BUILDS MARYLAND
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