Holly Spring Meadows
Acquisitions
Location
Forestville, MD
Year Completed
2014
Size
224
Project Type
Affordable Renovation
Built in the 1980s, Holly Spring Meadows was acquired in 2013 by Urban Atlantic and its non-profit partner NHP through an Affordable Preservation Fund by PNC Bank. Following capital improvements, Urban and NHP sold the property to a joint venture between Urban Atlantic and Federal Capital Partners that allows continued capital improvements and the preservation of the properties as affordable to moderate-income households.
