Orchard Ridge is a 100-unit affordable apartment community located in Baltimore, Maryland. The project includes 20 one-bedrooms, 48 two-bedrooms, 30 three-bedrooms, and 2 four-bedrooms plus a 3,700 square foot community center. The project was built in 2007 using the HUD Section 221(d)(4) program. Using the HUD Interest Rate Reduction program for currently insured properties, AGM reduced the interest rate with a new mortgage of $3,369,279 and increased cash flow.
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When the ball stops rolling…
The way to catch a knuckleball is to wait until it stops rolling and then pick it up. – Bob Uecker In baseball, the knuckleball
