Dickey Hill Forest Apartments

Dickey Hill Forest Apartments is a 204-unit market rate apartment community built in 1985 located in Baltimore, Maryland. Dickey Hill Forest Apartments was financed under the HUD 223(f) program. The new $8,800,000 HUD-insured loan has a 35-year term. The owner will make $13,126 per unit in repairs and upgrades. In order to help preserve the property, Baltimore City and the State of Maryland agreed to re-subordinate loans made when the apartments were first built.