Henderson Crossing

Blocks away from the Johns Hopkins Hospital and East Baltimore Development Initiative (EBDI), Henderson Crossing is a for-sale housing redevelopment designed to disrupt the traditional rehabilitation model and create pathways to accessible jobs and homeownership.

Details
Project Size
Project Type
Delivery
Impact
Blighted Properties Eliminated
Down Payment Assistance Provided
BIPOC Homeownership
First-Time Homeowners
Returned Legacy East Baltimore Residents

Cross Street Partners, City Life Historic Properties, APEX Building Group

Cross Street Partners, Edgemont Builders

 twopoint studios, Design Evolution Architecture

Sandy Spring Bank (now Atlantic Union Bank), Neighborhood Impact Investment Fund

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Sources & Uses
$23.3MM
Total Development Costs
$15.9MM
Construction Contract
$15MM
Debt + Equity
$1.7MM
State HTC Equity
$6.6MM
Subsidy + Grants
Madeira St - Before & After

Bringing a Block back to life

Henderson Crossing is a for-sale housing redevelopment located within Johns Hopkins’ East Baltimore Development Initiative (EBDI), a $1.8 billion life science and residential urban renewal project. Henderson Crossing consists of 53 vacant rowhouses and 10 vacant lots that have long been a source of blight in the community.

To date, the project has returned 63 vacant or blighted properties to homeowners, secured over $600K in down payment assistance grants for first-time or low-income homebuyers, and helped launch an onsite workforce training program serving Baltimore City residents and returned citizens.

Bringing New Life to Blighted Blocks
Henderson Crossing Today

Disrupting the Norm

Our homebuilding program is dedicated to addressing the negative impacts traditional, profit-driven rehabilitation projects can have on historically blighted communities. The economics limit a contractor’s ability to make M/WBE participation and on-site training a priority, and higher sale prices contribute to displacement.

Our model is designed to intervene at every step of the process, maximizing the impact homes can have on the surrounding community.

“Henderson Crossing felt like a sign — it was the right place, the right home, and an easy yes.”
Henderson Crossing Homeowner
“As second-generation Haitian-Americans, we always dreamed of homeownership. Though we are both Massachusetts born and raised, we fell in love with Baltimore after seeing the opportunities for young minority families."
Henderson Crossing Homeowner
Finding Strength in Partnerships

Built to Last

Our homes, both adaptive reuse (100% MHT/CHAP certified) and new construction, offer a best-in-class product while prioritizing accessibility for the low-income or first-time buyer. To date, 89% of Henderson Crossing homes have been purchased by BIPOC individuals or families, 65% by first-time homeowners, and 2 have been returned to previously displaced legacy East Baltimore residents.

Henderson Crossing Interiors
Setting the Standard for Inclusive Contracting
30% Contracts Awarded to MBEs
50% Contracts Awarded to Local Firms
50% Labor from Baltimore City residents
25% Labor from East Baltimore residents
Madeira St - Before & After