Mission Place

Mission Place

Mission Place is a 262-unit market rate family apartment community to be built in Jessup, Maryland. Using HUD’s Section 221d4 New Construction program, AGM obtained a HUD-insured mortgage of $45,431,100 with a 40-year term. The loan will be funded pursuant to HUD’s program for insured advances. The project includes 101 one-bedrooms, and 161 two-bedrooms with first level retail space and 108 garage parking spaces.