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Rehabilitation at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.
Key Points:
- at a ceremony to announce two affordable housing grants totaling $1.5 million from FHLBank and their member financial institutions.
- A second grant of $750,000 was presented to West End Neighborhood House from FHLBank and Community Bank Delaware.
- The event also highlighted $114.2 million new funding opportunities, including $66.7 million for additional affordable housing, through FHLBank member institutions including:
“I was so glad to be in Harrington, Delaware, to announce new investments in safe, stable, and affordable housing.
- Affordable housing is the foundation for safe and prosperous communities, and in Delaware, we know too well how we need to increase our affordable housing supply,” said Rep. Blunt Rochester (D-Del.).
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MD Maryland Department of Housing and Community Development (DHCD) Secretary Jake Day will speak and is expected to discuss how the State of Maryland and DHCD are addressing the affordable housing crisis facing the state.
Key Points:
- Maryland Department of Housing and Community Development (DHCD) Secretary Jake Day will speak and is expected to discuss how the State of Maryland and DHCD are addressing the affordable housing crisis facing the state.
- "There is a critical need for affordable housing in communities across Maryland, and the expansion of the Village at Slippery Hill will help address that need in Queen Anne's County," said Secretary Day.
- "Green Street Housing and TM Development are excited to have partnered on another high-quality affordable rental community in Maryland.
- We're proud to be Maryland-based developers, utilizing Maryland-based contractors and consultants to build housing for Marylanders," said Dave Layfield, Principal of Green Street Housing.
