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Legacy at Cedar Lane I/II

Sector: Residential • Location: Columbia, Maryland, United States

Source: citybiz

Project
Under Construction

Legacy at Cedar Lane I/II will transform a 62-unit development into a 123-unit community across two new four-story buildings. The apartments will include one- to four-bedroom layouts with modern finishes and amenities such as a resident lounge, business center with co-working space, fitness center, outdoor patio, and playground. The project is structured as a twin 4% and 9% LIHTC transaction, supp

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The project “Legacy at Cedar Lane I/II” is an infrastructure initiative in the Residential sector, located in Columbia, Maryland, United States. Taiyo aggregates data on it from citybiz.

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under construction

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Description

Description

Legacy at Cedar Lane I/II will transform a 62-unit development into a 123-unit community across two new four-story buildings. The apartments will include one- to four-bedroom layouts with modern finishes and amenities such as a resident lounge, business center with co-working space, fitness center, outdoor patio, and playground. The project is structured as a twin 4% and 9% LIHTC transaction, supported by tax credit equity, construction, and permanent financing from Bank of America and Bellwether Enterprise, and public funds from the Maryland Community Development Administration, Howard County, and HUD. A land swap agreement with Columbia Association further enabled the project integration.

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High

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