Facilities in Federalsburg
Management Agent: Cabell Corporation
Permanent Financing: CDA
Subsidy: Section Eight
Federalsburg Gardens, located in Federalsburg Maryland, cnsists of 64 rental units. The complex was purchased by Interfaith Housing Development Corporation in April 2008, and completely renovated utilizing Low Income Housing Tax Credits and private financing.
The project contains 28 one-bedroom and 36 two-bedroom rental units. All apartments have Section 8 rent subsidies available and are subject to income and family size restrictions.
Cabell Corporation has managed the property since construction in the early 1980's and assisted in the ownership transition and renovation process. Units include all appliances, including washer and dryer, energy-efficient HVAC units, and selected units are Handicap Accessible.
The project has a community area fully equipped with computer stations and a tenant service coordinator on site to assist tenants with identifying and utilizing available community resources.
Fairhaven Manor I
Management Agent: Cabell corporation
Permanent Financing: Rural Development
Rent Subsidy: Rural Development
Fairhaven Manor, located in Federalsburg, Maryland was constructed in 1989 and consists of 32 one-bedroom rental units designed for the elderly, disabled, and handicapped. The project was awarded tax credits in 1989. Cabell Corporation has worked in conjunction with local officials and government agencies to coordinate activities for tenants.
Fairhaven Manor II
Permanent Financing: USDA Rural Development
Rent Subsidy: Rental Assistance
This project, located in Federalsburg, Caroline County, Maryland, consists of 18 one-bedroom units designed for the elderly, disabled, or handicapped. The project opened in May 1999, and was awarded tax credits by the community development administration in 1999.