Nonprofit Receives Federal Funds for Affordable Housing

photo of realtor type sign with words affordable housing

Included in a federally funded affordable housing investment program is a $471,000 allocation to the Montgomery Housing Partnership (MHP) in Silver Spring.

Almost $1.4 million was allocated to NeighborWorks America to support efforts to develop and keep affordable housing, revitalize and sustain neighborhoods and create jobs in Maryland. MHP is one of the local organizations working with NeighborWorks America.

“Access to quality, affordable homes is critical to the health, safety, and wellbeing of our communities. With these funds, NeighborWorks will be able to build more affordable housing, repair and rehab outdated homes, and assist Marylanders with their housing needs. This investment will provide a crucial lifeline for Marylanders seeking a place to call home, and we’ll continue working to provide resources like these to our communities,” announced U.S. Senators Chris Van Hollen and Ben Cardin and Congressmembers Jamie Raskin, Kweisi Mfume and Glenn Ivey, all Democrats.

Much of the other funding will be spent in Baltimore.

The U.S. Department of Housing and Urban Development also recently announced $88,457,180 in annual formula grants for Maryland to strengthen efforts in the areas of affordable housing, community development and homeless.

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