Victoria Park at Edgewater

Victoria Park at Edgewater is a 102 unit existing senior apartment building located in Edgewater, Maryland.  The property was originally financed in 2006 using HUD’s Section 231 program and 9% low income housing tax credits.   Using HUD’s 223(a)(7) program for currently insured properties, AGM obtained a new insured mortgage of $4,600,000.