NHPF Makes First Montgomery County Purchase Preserving Affordable Housing in Germantown

NHPF closed on the acquisition of Hadley Germantown, a 218-unit apartment community in Germantown, Maryland, marking the foundation’s first purchase in Montgomery County. Originally built in 1990 and last renovated in 2011, the property is naturally occurring affordable housing (NOAH). NHPF will place covenants limiting future rents to 60% of Area Median Income for 50% […]