Milton Avenue

The Milton Avenue project involved the redevelopment of a former Brooks Brothers suit manufacturing plant into office and community space. The building had been vacant for 50 years, but is now a vibrant office center for several non-profit organizations which provide services to the surrounding community, including Movable Feast, Inc., a non-profit that provides meals to homebound people living with HIV/AIDS.

The financing of this building was challenging. Its location in a highly distressed neighborhood meant achievable office rents were extremely low. Using the NMTC structure to leverage numerous sources including historic tax credit equity, state bond funds and foundation grants, sufficient funds were raised to undertake the rehabilitation without the need for hard debt service. This engagement began very early in the development process with the CCA team exploring financing/redevelopment options with the client and its Board of Directors.

The redevelopment of this building has spurred the redevelopment of a number of previously abandoned houses in the immediate vicinity. The project sponsors are HEBCAC and Moveable Feast.


Development Type
Office Space
Number of Units
54,411 SF
Development Cost
Baltimore, Maryland
Project Start
August 2007
Project Complete
August 2008
Development Role
Financing Consultant
Unit Mix
Office Space
Hord Coplan Macht
A.R. Marani, Inc.
Historic East Baltimore Community Action Coalition, Inc. (HEBCAC)
901 N. Milton Avenue, LLC

What Others Are Saying About Us

Gorman Management Company (GMC) is a legacy Section 8 owner/manager in Oklahoma that was established in 1978.  We were introduced to CCA through Ben Etheridge in 2012 and closed our first two 9% LIHTC deals that year.  Since then, we have closed an additional nine deals that are a mix of for-profit and non-profit owned properties (and three in process).  Most of our deals are complicated and require expertise in all levels of affordable housing (HUD, LIHTC, FNMA, etc.).  CCA has brought expertise as our development partner to all of these deals that was essential to their success.