Green Street Housing

We are pleased to announce we have closed on our financing and started construction on Laurel Grove Acres I in Federalsburg, MD! Green Street has partnered with People for Better Housing to renovate the 37-unit first phase of Laurel Grove Acres. Our $5.4 million, $146,000 per unit construction effort will modernize the one-, two-, three-, and four-bedroom community with all new interior finishes and appliances, a new exterior aesthetic, sitework & landscaping, accessibility upgrades, and an expanded community center. We expect to complete construction in October 2025. We are thankful to our financing partners Maryland Department of Housing and Community Development (DHCD), USDA Rural Development, Cinnaire, U.S. Department of Housing and Urban Development, and NeighborGood Partners for making this development possible. We want to thank our Design & Construction and Development Team Partners below for helping provide due diligence, design, engineering, and specialized services to get us to the closing table. We look forward to working together on a successful renovation! Design and Construction Team: Studio 343 Willow Construction, LLC Pando Alliance E&A Team, Inc. RAUCH inc. Development Team Gateway Management Services LLC & Sherita Cottom Vorys, Sater, Seymour and Pease LLP Maryland Office of the Attorney General Kutak Rock Arnall Golden Gregory LLP Wilmington Trust Caitlin Gossens with JPMorganChase EisnerAmper Gill Group Capital Real Estate Consultants ECS Limited Randall Kelly and John Parreco of East West Advisors, LLC

Last Month Green Street Housing and Good Works were pleased to host a ribbon cutting for Waxpool Apartments, our first development in Loudoun County. Located in Waxpool Crossing, Waxpool Apartments is within one mile of the new Ashburn Metro Station and includes a bus stop onsite. The amenity rich community includes a tot-lot, fitness room, business center, community room, outdoor patio, a community playground, basketball court, dog park, and outdoor recreation areas. A beautiful two-sided mural created by Joan Gardiner of Unison Pottery Tile Works fronts Waxpool Road. We are pleased to partner with Northern Virginia Family Service to provide resident services programming, and Loudoun DHCD and Virginia DBHDS to provide homes for persons with disabilities. Waxpool was built to Virginia Housing Universal Design Standards and will achieve National Green Building Standard, Energy Star Multi-Family New Construction, and Zero Energy Ready Home (ZERH) certifications– the first building in Loudoun County to achieve all of three of these green certifications. We included 4 charging ports for EV vehicles, and we host an 85,000 KWH solar array on our roof, which over a 20 year-period, has the carbon offsetting impact of planting 20,000 trees – the equivalent of a 100-acre forest on the roof! Waxpool offers 52 residences for Ashburn and Loudoun County households earning up to 60% of AMI, or $90,000 a year for a family of four. We look forward to building our next community in Loudoun County. This attainable housing development couldn’t have been possible without our Financing, Design & Construction, Development, and Local Partners. Thank you all for helping us build this attainable, well located, well built, and exciting community! Financing Partners: Virginia Housing The Richman Group Discover Bank Loudoun County Government DHCD Virginia Department of Housing and Community Development Northern Virginia Regional Commission Design and Construction Team: Poole & Poole Architecture, LLC KBS, Inc. Viridiant DeVaux Consulting J2 Commonwealth Power LLC Bromley Utility Services Absolute Security Thomas Park Development Team & Partners: Northfield Construction and Development Good Works, LP TM Associates Williams Mullen Tidwell Group Bowman Consulting Mike Turner Juli Briskman, MBA Loudoun County Government Board of Supervisors, Planning, Zoning, B&D

Nearly 4 years after the 9% LIHTC submission, Green Street Housing, TM Associates , and Petersburg Community Development Corporation (PCDC) are pleased to announce that Diamond Court I & II have closed on financing and construction has begun in Harrington, DE! Our complete gut-renovation scope of work will totally revitalize the 66 residences through energy efficient design and fixtures, a new aesthetic, and the creation of a new community center. We are thankful to our financing partners Delaware State Housing Authority, USDA Rural Development, Hudson Housing Capital LLC, Freddie Mac, and NeighborGood Partners for making this development possible. We look forward to working with our design and construction team, Willow Construction, LLC, Architectural Alliance, Inc., E&A Team, Inc. and New Ecology, Inc. to transform the Diamonds into a vibrant new community!

Nearly 4 years after the 9% LIHTC submission, Green Street Housing, TM Associates , and Petersburg Community Development Corporation (PCDC) are pleased to announce that Diamond Court I & II have closed on financing and construction has begun in Harrington, DE! Our complete gut-renovation scope of work will totally revitalize the 66 residences through energy efficient design and fixtures, a new aesthetic, and the creation of a new community center. We are thankful to our financing partners Delaware State Housing Authority, USDA Rural Development, Hudson Housing Capital LLC, Freddie Mac, and NeighborGood Partners for making this development possible. We look forward to working with our design and construction team, Willow Construction, LLC, Architectural Alliance, Inc., E&A Team, Inc. and New Ecology, Inc. to transform the Diamonds into a vibrant new community!

In September 2020, Green Street and TM Associates submitted the third competitive tax credit application for Sligo Apartments. Yesterday, 1,135 days later, we closed and started construction to turn a blighted vacant property into this 98 unit affordable apartment community in Silver Spring, MD. The list of things that had to be overcome in the last three years is too long to share. Congrats to the TM and Green Street team and thanks to everyone that played a role to get us here. Miner Feinstein Architects, LLC Morgan-Keller Construction Capital One Hudson Housing Capital LLC Maryland Department of Housing and Community Development (DHCD) Montgomery County DHCA