Heritage Forest II is a 3-story, 104-unit affordable apartment community to be built in Newport News, Virginia. Using HUD’s Section 221(d)(4) New Construction program for insured advances, AGM obtained an insured mortgage of $7,000,000 with a fixed interest rate over a 40-year term. Additional funding was provided through the sale of 9% Low Income Housing Tax Credits. The project includes 16 one-bedroom, 66 two-bedroom and 22 three-bedroom units.
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
