Industry Watch

Industry Watch

September 29, 2002

Harford County opens Village of Lakeview

Harford County is opening the Village of Lakeview, a restored affordable-housing development that will provide 223 units of affordable rental housing to low- and moderate-income families and individuals in the county.

The $18 million redevelopment project occupies a 12-acre site in Edgewood. The project was led by Silver Street Development Corp. of Maine and financed by a tax-exempt bond investment from Enterprise Mortgage Investments Inc., and by a tax-credit equity from the Enterprise Social Investment Corp., Allfirst Bank and Fannie Mae.

The project is earmarked for renters earning less than 60 percent of the area median income of $63,000. It has 15 garden-style buildings with 43 one-bedroom units, 156 two-bedroom units and 24 three-bedroom units.

The site was formerly the Edgewater Village Apartments.

People

Karen Hubble Bisbee,

an associate broker with the Green Spring office of Coldwell Banker Residential Brokerage, was voted the top Upscale Realtor in Baltimore Magazine's Best of Baltimore edition.

"She knows everyone and every house - and learned how to network early at the knee of her mom, Realtor Nancy C. Hubble," the magazine wrote.

Bisbee is the third generation of her family to pursue a career in real estate. A 25-year real estate veteran, Bisbee specializes in historic, luxury and equestrian properties.

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