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Bolton North

Acquisitions


Location
Baltimore, MD

Year Completed
2013

Size
209

Project Type
Affordable Renovation

JV Partner:
NHP

 

Built in 1975, Bolton North is a 209‐unit affordable senior housing hi‐rise located in Baltimore City’s historic and thriving Bolton Hill neighborhood. Through an Affordable Housing Preservation Fund by PNC Bank, Urban Atlantic and its partner NHP acquired the property in 2013. In 2017, they refinanced it using Low Income Housing Tax Credits in order to preserve long term affordability and implement $7 Million in capital improvements.