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Lexington Park, MD, [December 17, 2024] – TM Associates and Green Street Housing have closed on financing for the acquisition and rehabilitation of Joe Baker Village and Great Mills Court, two affordable housing communities in Lexington Park, Maryland. This $15.2 million redevelopment, supported by 4% Low-Income Housing Tax Credits (LIHTC) and loans from the Maryland Department of Housing and Community…
TM Associates Management, Inc. News
Dec
17
2024
Smithsburg,MD, [December 17, 2024] – Green Street Housing and TM Associates, in partnership with Interfaith Housing Alliance, is pleased to announce the successful closing of financing for the acquisition and rehabilitation of The Point at Smithsburg, an affordable housing community in Smithsburg, Maryland. This $18.5 million redevelopment, supported by 9% Low-Income Housing Tax Credits (LIHTC) from the Maryland Department of…
Nov
21
2024
Queenstown, MD, [November 21, 2024] — TM Associates and Green Street Housing, joined by the Maryland Department of Housing and Community Development (DHCD), Queen Anne’s County officials, partners, and community members proudly announce the grand opening of Slippery Hill Senior and Slippery Hill, Phase II. This milestone marks the completion of a decade long vision…
Aug
07
2024
2024 Readers’ Choice Awards: Rural Finalist The newly renovated Fox Ridge Apartments mix like-new updates with full rental subsidies for residents. In Princeton, a small West Virginia town of just under 6,000, quality housing was scarce-particularly for residents on fixed incomes. Then, TM Associates stepped in. The development company launched a multiyear renovation of the…
Mar
18
2024
WASHINGTON, March 18, 2024 /PRNewswire/ — Today TM Associates, United Planning Organization (UPO), and Gilbane Building Company were joined by the Department of Housing and Community development (DHCD), Department of Human Services (DHS), DC Housing Finance Agency (DCHFA), partners, and community members to proudly announce the grand opening of MDXL Flats Apartments, a highly anticipated affordable residential…
Nov
27
2023
SILVER SPRING, Md., Nov. 27, 2023 /PRNewswire/ — Green Street Housing and TM Associates Development, two of Maryland's largest affordable rental housing developers, will host a groundbreaking ceremony for Sligo Apartments in Silver Spring, Maryland on Monday, November 27, 2023. Sligo Apartments is a new construction residential development, that is 100% affordable with restricted rents. Sligo Apartments will provide a modern, high quality…
Jan
19
2023
Washington, DC – January 19, 2023 – Gilbane Building Company, TM Associates, PGN Architects, and their subcontracting partners celebrated the official topping out of MDXL Flats, a new, luxury, affordable housing development in Buzzard Point. MDXL Flats is the second phase of TM Associates’ affordable housing development near Audi Field and Nationals Park. The 98,000 SF,…