{"id":1004111742,"date":"2015-01-22T08:37:37","date_gmt":"2015-01-22T16:37:37","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=318431"},"modified":"2022-12-05T15:22:13","modified_gmt":"2022-12-05T23:22:13","slug":"enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\/","title":{"rendered":"Enterprise Homes and SunTrust Bank to Renovate Frederick\u2019s Taney Village Apartments"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/01\/Taney-Village-Apartments.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-318434\" title=\"Taney Village Apartments\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/01\/Taney-Village-Apartments.jpg\" alt=\"\" width=\"300\" height=\"198\" \/><\/a>Enterprise Homes and SunTrust Bank have announced their plans to renovate Taney Village Apartments in Frederick. The project is expected to cost $24.6 million. It will help preserve the property, which is an important source of affordable housing for seniors in the area.<\/p>\n<p style=\"text-align: justify\">The Taney Village Apartments building was constructed in 1978. It offers 130 one-bedroom affordable homes for seniors and adults with disabilities earning up to 60 percent of the area\u2019s median income. The property is located close to shopping, public transportation, medical facilities and a senior center.<\/p>\n<p style=\"text-align: justify\">The $24.6 million renovation and redevelopment calls for the installation of energy-efficient windows, heating and air conditioning, kitchens, appliances and bathrooms. It will also renovate the building\u2019s hallways, corridors and lobbies, the community room, fitness room and laundry facilities, and will add new elevators. The project is expected to be completed this fall.<\/p>\n<p style=\"text-align: justify\">According to the developers, the project will be funded through a combination of Low-Income Housing Tax Credit equity and loans provided by SunTrust Bank, Wells Fargo Bank, Bank of America, the Maryland Department of Housing and Community Development and Frederick County. Plano-Coudon is the general contractor, with Grimm + Parker as architect. Habitat America will provide property management.<\/p>\n<p style=\"text-align: justify\"><em>Photo credit: <a href=\"https:\/\/maps.google.com\/\">Google Maps<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enterprise Homes and SunTrust Bank announced on Monday their plans to renovate the Taney Village Apartments, in Frederick. The project is expected to cost $24.6 million. It will help preserve the property, which is an important source of affordable housing for seniors in the area.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21742],"tags":[],"class_list":["post-1004111742","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enterprise Homes and SunTrust Bank to Renovate Frederick\u2019s Taney Village Apartments - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enterprise Homes and SunTrust Bank to Renovate Frederick\u2019s Taney Village Apartments\" \/>\n<meta property=\"og:description\" content=\"Enterprise Homes and SunTrust Bank announced on Monday their plans to renovate the Taney Village Apartments, in Frederick. The project is expected to cost $24.6 million. It will help preserve the property, which is an important source of affordable housing for seniors in the area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-22T16:37:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T23:22:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/01\/Taney-Village-Apartments.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Enterprise Homes and SunTrust Bank to Renovate Frederick\u2019s Taney Village Apartments\",\"datePublished\":\"2015-01-22T16:37:37+00:00\",\"dateModified\":\"2022-12-05T23:22:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/\"},\"wordCount\":217,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/01\\\/Taney-Village-Apartments.jpg\",\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/enterprise-homes-and-suntrust-bank-to-renovate-fredericks-taney-village-apartments\\\/\",\"name\":\"Enterprise Homes and SunTrust Bank to Renovate Frederick\u2019s Taney Village Apartments - 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