Francis Scott Key Apartments is a 46-unit apartment building located in Frederick, Maryland. The property is an adaptive reuse of a historic hotel which used HUD’s Section 221(d)(4) substantial rehabilitation program in 2001. Using HUD’s Section 223(a)(7) program for currently insured properties, AGM obtained a new insured mortgage of $5,121,200. The new mortgage, with a lower interest rate, paid off the existing first mortgage resulting in substantial annual savings.
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
