Waters Towers was a successful joint venture between Silver Street Development Corporation and the Wishcamper Group, both of Portland, Maine. Located in Baltimore, Maryland, this mid-rise elderly complex underwent a substantial rehab of the units and conversion of its heating and cooling systems. The venture preserved the 203 unit, HUD 236 property for an additional
The Village at Lakeview
housermedia2021-05-21T09:19:56-04:00In preserving this HUD 236 property, Silver Street was able to transform the Village at Lakeview almost completely, it now serving as an exemplar of the kind of redefinition that's possible in the world of affordable housing. Acquired in 2000, The Village at Lakeview's transformation was defined by physical, social, and political criteria. Highlights of
Princess Anne Apartments
housermedia2021-05-12T16:00:57-04:00Located in Princess Anne, MD, Princess Anne Apartments consists of 120 units of Section-8 multifamily housing. Through the acquisition process, Silver Street was able to convert the property's affordability from HUD 236 to Section-8 via an IRC decoupling, a signature bond structuring methodology utilized by Silver Street across its portfolio.
Silver Park West
housermedia2021-07-01T15:41:47-04:00Located in the heart of Baltimore, Silver Park West is a 101-unit, 100% Section-8 affordable housing property. Silver Street originally acquired Silver Park West in 2002, converting it through the acquisition process from HUD 236 to Section-8 via an IRC decoupling.