Hartford Village is an 84 unit new construction community limited to tenants 62 years of age or older, located in in Detroit, Michigan. The property features 64 market rate units and 20 affordable units. Utilizing HUD’s Section 231 New Construction program for insurance advances, AGM obtained a HUD insured mortgage of $11,800,700 at a fixed interest rate with a 40 year term. Secondary sources include $1,000,000 in Wayne County Home Funds, $1,493,000 in Detroit City Home funds and $650,000 in Detroit City Neighborhood Stabilization Program funds.
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
