the NHP FOUNDATION Preserves
afforable housing in MARYLAND


Holly Spring
Meadows
Hidden Treasure


Holly Spring Meadows is a hidden treasure containing a secluded entrance that unveils a stunningly landscaped, garden-style community. Located in Forestville, Maryland, the community is composed of 224 one-, two- and three-bedroom units. Single-bedroom units are available with a den; three-bedroom units contain an additional half-bath. The community features 24-hour service, on-site public transportation (J12 Bus), is well lit, and provides a comfortable environment for residents to call home. One resident of Holly Spring Meadows (BMS) had this to say, regarding her experience at the property:

I love living at Holly Spring Meadows. It has everything I want, including the nice personnel in the rental office. Holly Spring Meadows was there when I was looking for some place to call home. It is my home now and in the future. Location and public transportation is very good.


Total cost
$ 20,607,970

Description
Holly Spring Meadows is comprised of 48 one-bedroom units, 64 one-bedroom units with a den, 96 two-bedroom units, and 16 three-bedroom units containing an additional half-bath. At least 66% of current households are income-eligible for tax credits (at/under 60% AMI). The majority of these income-eligible households are working, with over 60% earning between 30% and 60% AMI.

Financing
Secured financing and funding for this project included:

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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.

Holly Spring Meadows is just one example of how NHPF’s commitment to affordable housing has helped American families. For more information on NHPF’s properties, please visit http://nhpfoundation.org/properties.php.