2016 LIHTC Development that Best Reflects Market Success in Overcoming Significant Obstacles

Winner

Mary Harvin Center

Developer: The Woda Group Inc.
Owner: Mary Harvin Center LP
Location: Baltimore, Md.

Mary Harvin Center, 2016 Developments of Distinction Award winner for LIHTC Development that Best Reflects Market Success in Overcoming Significant Obstacles

The winner of the 2016 LIHTC Property that Best Reflects Market Success in Overcoming Significant Obstacles Award is The Woda Group Inc. for the development of Mary Harvin Center in Baltimore. The Mary Harvin Center, which was funded by more than $12.2 million in low-income housing tax credits (LIHTCs), is a 61-unit, four-story building serving the local senior community. The development also offers senior services to the tenants and the broader community, including counseling and a job training center. 

On the evening of April 27, 2015, the building–which was 45 percent complete– caught fire during riots after the death of Freddie Gray. The fire destroyed most of the building. Within hours, the development’s financial partners, local
community organizations, The Woda Group and Mayor Stephanie Rawlings-Blake rallied behind the development. A mere five months after the fire, the project was back at 40 percent completion and is on schedule to open in spring 2016.

“This could be the most famous LIHTC project ever built. The fact that the parties were able to overcome this enormous setback and persevere with completion of the project made this the clear winner.” Thomas Morton, Pillsbury Winthrop Shaw Pittman

Honorable Mention

Lamar Station Crossing

Developer: Metro West Housing Solutions
Owner: Metro West Housing Solutions
Location: Lakewood, Colo.

Lamar Station Crossing, 2016 Developments of Distinction Awards honorable mention for LIHTC Development that Best Reflects Market Success in Overcoming Significant Obstacles

Honorable mention for the 2016 LIHTC Property that Best Reflects Market Success in Overcoming Significant Obstacles Award is Metro West Housing Solutions (MWHS) for the development of Lamar Station Crossing (LSC) in Lakewood, Colo. MWHS used more than $10.7 million in low-income housing tax credits (LIHTCs) to complete the first phase of LCS, which includes 88 units of affordable housing.

“The ability of the sponsor to turn a challenging NIMBY issue into a coalition focused on the success of the development is a strategy that other developers should consider emulating in the face of community opposition,” said Philip Melton, executive vice president at Bellwether Enterprise and a 2016 Developments of Distinction judge.

Return to 2016 Developments of Distinction Award Recipients