AGM Financial Services, Inc. is proud to announce the recent closing of two HUD insured mortgages totaling $11,502,300 for a LIHTC 9/4 Twin project to be known as Blaine Landing. Located in Williamsburg, Virginia, this rental community features 119 units in four three-story buildings plus a clubhouse. Amenities include a fitness center, playground, and a pavilion with grilling stations. Both of the Section 221(d)(4) mortgages were processed simultaneously by a single HUD underwriter. The two projects were funded by 4% and 9% Tax Credits, Tax Exempt Bonds, and State Trust Fund money. This community will be broadly affordable with all units restricted to households whose incomes are at or below 60% of the area median income.
Press Releases
AGM Financial Services’ Matt Daddio Appointed to Howard County Housing and Community Development Board
BALTIMORE, September 26, 2024 – AGM Financial Services is proud to announce that Matt Daddio, Deputy Chief Underwriter, Vice President at AGM, has been appointed