Senior Housing in Baltimore, Maryland's Historic Bolton Hill Neighborhood

1600 W. Mt Royal Avenue
Baltimore, MD 21217


Rental Information,
Amenities, and Floorplans


ACQUISITION / PRESERVATION / REDEVELOPMENT

Bolton North

Bolton North is a 209-unit senior housing high-rise located close to Baltimore’s Inner Harbor. Directly adjacent to the Maryland Institute College of Art (MICA), this senior-housing community is situated in the historic and thriving Bolton Hill Neighborhood known for its tranquil, tree-lined streets populated by an outstanding collection of restored mid- to late-19th century three-story and four-story townhouses, urban mansions, churches and public buildings. Every unit features its own walk-out balcony, wall-to-wall carpeting, individual HVAC units, well-equipped kitchens, and emergency call buttons, with 24-hour monitoring. Bolton North’s public amenities include a community dining room, game room, television room / lounge, central laundry facility, and an ample outdoor courtyard.


TOTAL COST
$ 23,180,012

DESCRIPTION
Bolton North consists of 209 units; all units have one bedroom, but for one, which has two bedrooms. The units are 99.5% Housing Assistance Payment (historical vacancy is below 1%).

FINANCING
Secured financing and funding for this project included:
$ 15,875,064 PNC Bank
$ 7,304,948 PNational Housing Preservation Fun




FOLLOW OUR COMMUNITY BUILDING

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NHPF’s diverse income and rent structure provides housing for a range of households from low to moderate income. Notwithstanding income levels, the same level of amenities and access to our services is offered to all residents.

This property is just one example of how NHPF’s commitment to affordable housing has helped American families.

ABOUT THE NHP FOUNDATION
Headquartered in New York City with offices in Washington, DC, and Chicago, IL, The NHP Foundation was launched on January 30, 1989, as a publicly supported 501(c)(3) not-for-profit real estate corporation. NHPF is dedicated to preserving and creating sustainable, service-enriched multifamily housing that is both affordable to low and moderate income families and seniors, and beneficial to their communities. NHPF also provides a robust resident services program to more than 28,000 community residents. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other not-for-profit organizations, NHPF has preserved 85 properties, totaling 14,931 units in 19 states and the District of Columbia. Today, NHPF’s portfolio includes 44 properties, totaling 4,773 apartment units, in 15 states and the District of Columbia.