Maxwell House Apartments

Maxwell House Apartments was acquired by The NHP Foundation in the Fall of 2021. The building, built in 1952 and last rehabilitated in 2005, is a 216-unit historic tax credit property in Augusta, Georgia made up of a mix of studios and one-bedroom apartments. Maxwell House is a valuable affordable housing resource in the local community, and is set to undergo a substantial renovation in the coming years which will preserve and sustain the property as affordable housing for further generations.

Total Cost

$990,000

Description
The NHP Foundation’s partner, TPI, Inc., will have a 50% partnership interest in the project.

Financing
Secured financing and funding for this project include:

$495,000	NHPF Equity
$495,000	TPI Equity

Maxwell House Apartments 1002 Green Street, Augusta, GA 30901

Rental Information, Amenities, and Floorplans

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
The NHP Foundation strives to provide quality affordable multi-family housing and resident services for low to moderate income families. Since 1994, NHPF has acquired and preserved 95 properties, totaling 16,495 units, located in 19 states and the District of Columbia. Today, NHPF’s portfolio includes 56 properties, totaling 10,000 apartment units, in 15 states and the District of Columbia. NHPF also provides service programs to approximately 28,000 community residents.

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Maxwell House Apartments

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