Developments > Wardman Apartments
Wardman Apartments is a large scattered-site apartment complex in the Egleston Square section of Roxbury. Urban Edge acquired the property, which was formerly financed under a HUD program, with an acquisition loan from MHIC, the majority of which MHIC participated with the Property & Casualty Initiative.
Wardman Apartments
Project at a Glance:
Location:
Boston
Development Type:
Rental
Project Type:
Rehabilitation
MHIC Financing:
$2,190,000 in debt financing, $3,748,351 in LIHTC financing
Sponsor:
Urban Edge Housing Corporation
Number of Units:
88
Wardman Apartments is a large scattered-site apartment complex in the Egleston Square section of Roxbury. Urban Edge acquired the property, which was formerly financed under a HUD program, with an acquisition loan from MHIC, the majority of which MHIC participated with the Property & Casualty Initiative.