Riverwoods at Tollgate is an 84 unit affordable community located in Abingdon, Maryland. Using HUD’s Section 221d4 New Construction program for insurance advances, AGM obtained a HUD insured mortgage of $8,229,000 at a fixed interest rate with a 40 year term. Equity of approximately $10,008,000 was provided through the sale of 9% low income housing tax credits. Harford County HOME funds in the amount of $300,000 were provided as secondary debt.
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
