MHP Closes Deal for The Chimes at North Bethesda
MHP closed its deal for The Chimes at North Bethesda, a163-unit mixed-income affordable housing project. The $7M land sale closed on August 28, marking the start of the construction phase. The total project capitalization is $86M. The deal included 4% and 9% low-income housing tax credits. The project was awarded $1M from the Rental Housing […]