The Henson Development Company, Inc. (THC), a 100% family owned and operated minority-owned business enterprise. THC is a fully integrated real estate developer, consultant and program manager based in Baltimore, Maryland.
THC’s projects demonstrate its tremendous capacity and track record for successful large-scale residential and mixed-use developments, including public/private partnerships and privatization initiatives for public housing authorities. The firm specializes in creating affordable market-rate quality residential communities, using the same quality materials, furnishings and construction techniques as it does for its private sector market rate homes. THC excels in structuring and obtaining sophisticated mixed financing.
Since its creation in 2000, THC has closed on over 35 projects with development costs in excess of $485M, including 3,100 housing units. THC has closed 8 phases of HOPE VI developments, involving 1,175 housing units, and $260M in total development costs. THC was a development partner on the large Capitol Gateway (East Capitol Dwellings), and Glenncrest (Eastgate Gardens) HOPE VI projects in Washington, D.C., and The Oaks at Riverview (Tom Dyer Homes) HOPE VI in Tampa, Florida.
The THC Team has worked extensively with federal, state and local agencies and housing authorities to finance affordable and mixed-income housing Our background also includes commercial, mixed use and market rate residential financing. Thanks to THCs excellent track record, reputation for completing projects and longstanding relationships with area lending institutions We have access to acquisition, construction, bridge and permanent financing of large scale projects.
The THC team has extensive direct experience involving large mixed-income, mixed-finance type projects in urban settings and in securing financial resources to support revitalization efforts.
The firm’s vast portfolio includes low-to-moderate income rental and homeownership units, elderly housing, garden and high-rise facilities, and townhouses.