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Sunday, jun 16
Tag:
Affordable Housing
News
Amazon Funds $150 Million Affordable Housing Project In Washington DC
Amazon is partnering up with D.C. developers to build over 1,200 affordable housing units — a nearly $150 million project. Half of the units will be for low-income families and many of them will be located in close proximity to a metro station. Amazon's D.C. project, which comes after the company funded housing projects in Prince George's County, Montgomery County, and Fairfax County, will cost the company $147 million in funding. "Through our accelerated program, we're supporting emerging minority developers doing great work in the affordable housing space." Director of the Ama…
News
Baltimore Mayor Dedicates $100 Million To City Housing Initiatives
Baltimore has taken another big step in combatting housing insecurities and disparities throughout the city. Mayor Brandon M. Scott announced Friday that $100 million in American Rescue Plan Act funding will go toward the city’s affordable housing initiatives and other related projects. This is now the largest allocation of ARPA funds by the mayor for housing and homeless initiatives and brings the total count of money dedicated to tackling housing insecurity to a near $200 million. Today, I announced $100M in ARPA funding to holistically address the issues of vacant properties, ho…