May 2018 Round – Low Income Housing Tax Credit Awards

Osprey Property Company was recently awarded funding from Maryland DHCD in the May 2018 competitive Low-Income Housing Tax Credit application round.  A total of five proposed projects were submitted for consideration and all five projects received funding.  They are: Benson’s Corner (Harford County), Riverwoods at Tollgate II (Harford County), [...]

Walbrook Mill – Demolition Event

On October 25, 2017 Osprey, in partnership with Neighborhood Housing Services of Baltimore and Coppin Heights Community Development Corporation, along with Governor Larry Hogan and the Baltimore City Department of Housing and Community Development, removed more than 1,000 units of blight at the kickoff of the redevelopment of Walbrook [...]

Riverwoods at Denton

County Village Apartments, located off 404 Shore Highway, was rehabilitated to provide 84 units of workforce housing in Denton, Caroline County, Maryland, and was renamed Riverwoods at Denton. Unit mix includes one, two, and three-bedroom apartments.  Renovation of the existing 48 apartments and new construction of 36 additional apartments, [...]

Purchase and rehabilitation of Queen Anne Park Apartments

Osprey has partnered with the Housing Authority of St. Mary’s County to provide this affordable housing community to residents of Southern Maryland. Queen Anne Park Apartment was purchased in fall of 2016. The property consists of 102 units that will be rehabilitated in four phases of construction. The project will operate under the [...]

Victoria Park at Woodbridge

Victoria Park at Woodbridge Harkins’ scope of work to renovate this occupied 110-unit independent senior apartment building included replacement of vinyl siding, asphalt roof shingles, windows, building entry door and hardware, hot water heaters, mechanical equipment, kitchen appliances, light fixtures, plumbing faucets and door hardware. The community room kitchen [...]

Rivers Edge Apartments – Winner of the 2016 Real Estate Beautification Award

Real Estate Beautification Award: presented to an individual or organization that has made significant contributions to our community through architectural enhancements and overall beautifications in the greater Salisbury area by renovating an existing property and improving the exterior, landscaping, parking, lighting, signage and the overall cohesiveness of the design. [...]

Winner of the 2015 MAHC Innovation Award

2015 MAHC Innovation Award Rivers Edge Apartments and Studio for the Arts eliminated the blight of a 5 story partially complete condominium project that went into bankruptcy, provides 90 safe new affordable housing units on the Wicomico River with a preference for artists and persons with disabilities for very [...]

Cannery Village Completion

Osprey Property Company, partnered with Habitat for Humanity of Worcester County, Inc., would like to announce the completion and opening of Cannery Village, 44 affordable workforce rental homes located in Berlin, Worcester County, Maryland.  Through volunteer and homeownership training classes on-site, the management staff at Cannery Village will assist [...]

Franklin Lofts & Flats – Lower Rents for Baltimore

A developer planning a new apartment project at the corner of East Franklin and St. Paul streets wants to offer rents well below what most landlords are charging downtown. Osprey Property Cos. is in the early planning stages of a $15 million apartment complex that would convert a former [...]