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Silver Street and Georgetown Development announce two initiatives aimed at supporting local housing authorities and subsidized cooperatives in re-developing communities.

2021-02-12T09:15:21-05:00September 2nd, 2020|

Sliver Street Development is proud to announce the creation of Silver Georgetown JV, LLC (SGJV), a joint venture between Silver Street Development Corporation (SSDC) and Georgetown Development Partners (GDP). GDP specializes in the preservation and development of affordable housing. We provide development services for public and private (not-for-profit and for profit) organizations including housing

Silver Street Development Preserves 223 Affordable Apartments in Edgewood, MD

2019-03-15T12:00:29-04:00March 15th, 2019|

Silver Street Development Corporation is nearing completion of its $11 million rehabilitation of the Village at Lakeview apartment complex, a 223-unit family LIHTC property located in Edgewood, MD. Silver Street acquired the property in May 2018 and the rehabilitation is currently approximately 77% complete with substantial completion scheduled for June of 2019. The property has

Silver Street Development Closes on 180 Unit Affordable Property in Asheville, NC

2019-02-12T12:00:08-05:00February 12th, 2019|

Silver Street Development Corporation recently closed on a transaction in Asheville, NC that will preserve the affordability of 180 apartments for years to come. Ledgewood Village is a two story, townhouse & garden style community in the Sayles Village neighborhood of Asheville. Ledgewood Village is a true community, with a clubhouse building with computer lab,

Progress Continues on $20.5M Rehab of Pequot Highlands

2017-12-06T21:01:18-05:00December 6th, 2017|

https://www.youtube.com/watch?v=H9uoEGzK3W0 Pequot Highlands, a 250-unit affordable housing community in Salem, MA, is undergoing a remarkable $20.5M rehabilitation as part of Silver Street's 2016 acquisition of the property. The rehab's centrepiece is its $11M façade overhaul, in which the red brick popular in the 1970s is being replaced with modern, insulated, and energy efficient metal paneling

RAD Conversion Secures Additional Rental Assistance for Almost 300 Units in Rochester, NY

2017-10-04T18:29:43-04:00October 4th, 2017|

Silver Street has completed a Rental Assistance Demonstration ("RAD") conversion at Charlotte Harbortown Homes, a 553-unit LIHTC development in Rochester, New York. The RAD conversion resulted in a new Section 8 Project-Based Voucher ("PBV") Program contract with the Rochester Housing Authority providing rental assistance to 290 additional units at the property. Originally constructed in 1974, this

Silver Street President Meets with Secretary Ben Carson at AHDC Spring Policy Conference

2017-07-19T18:19:58-04:00July 19th, 2017|

This past May, our company, represented on the day by SSDC President Roger Gendron, participated in the Affordable Housing Developers Counsel’s (AHDC) Spring Policy Conference, a high-profile day of talks held between industry leaders and top government policy makers. The proceedings were enriched by the presence of Secretary Ben Carson of HUD, who has made

Silver Street Development Corporation Expands to Mid-Atlantic, Hires Four New Employees

2017-05-30T19:56:44-04:00May 30th, 2017|

Silver Street Development Corporation is excited to announce its expansion to the Mid-Atlantic, where a new branch office located in the heart of Washington, DC will be expanding upon Silver Street's continual efforts to develop new affordable housing. The branch's launch coincides with the hiring of four new employees to the Silver Street team, an

Silver Street Development Launches New Website as Hub for Nation-Wide PR Push

2017-05-10T19:55:16-04:00May 10th, 2017|

Silver Street Development Corporation is proud to announce the launch of the newly redesigned SSDC website. The website, completed in partnership with development firm Old City Press of Washington, DC, is designed to serve as the fulcrum upon which Silver Street's increasingly robust PR efforts will turn in the coming months. Public opinion on affordable

Silver Street Continues as Top Owner for 2016

2017-04-17T16:00:44-04:00April 17th, 2017|

Silver Street Development is proud to announce that AHF has deemed SSDC a Top Affordable Housing Owner for 2016, a distinction Silver Street likewise received in 2015. 2016 was a watershed year for Silver Street, it seeing them acquire both Pequot Highlands Apartments, a 250-unit community in Salem, MA, and Sebastian Villa, a 171-unit community in Neptune, NJ, which