The Neighborhood Monthly eNewsletter – January 2025 Housing People 2025 Property Updates MHP has developed 36 affordable properties consisting of 2,883 apartment homes. We will have many active projects in progress throughout 2025. Here is a quick snapshot of what’s in the works: Amherst Square/Wheaton Arts: New ground-up construction project and collaboration with Montgomery County. […]
The Neighborhood Monthly eNewsletter – December 2024 Housing People The Chimes at North Bethesda More than 80 people joined us for the groundbreaking of The Chimes at North Bethesda. We were honored to feature prominent speakers including Montgomery County Executive Marc Elrich, Council President Andrew Friedson, Council Vice President Kate Stewart, and more. Located half […]
The Neighborhood Monthly eNewsletter – November 2024 Housing People Fresh Names and Looks MHP has recently overseen the rebranding and major renovation of two of our properties that are in the latter stages of construction. New names and logos reflect the unique features of each affordable housing community and showcase our commitment to quality. Unity […]
The Neighborhood Monthly eNewsletter – October 2024 Housing People DHCD Secretary Jake Day Tours MHP Our state funding partners recently visited the Residences at Forest Glen site and got a sneak peek at this dynamic project, which will be completed in spring of 2025. Much progress has been made and we were able to don […]
The Neighborhood Monthly eNewsletter – September 2024 Housing People Showcasing Colonnade at the Creek Visitors from Citi recently toured Colonnade at the Creek in Takoma Park. Robert Goldman and Stephanie Roodman shared insights on what makes the property special, including its vintage-meets-modern colonnade structure, the community center that once housed a boiler room, and the […]
The Neighborhood Monthly eNewsletter – August 2024 Housing People Construction in Progress Get up to date on MHP real estate! The gears are turning this summer on affordable housing. MHP has 3 properties under construction: Worthington Woods in D.C.’s Ward 8 is undergoing a major renovation. Once apartments are updated, we will begin work on […]
MHP closed its deal for The Chimes at North Bethesda, a163-unit mixed-income affordable housing project. The $7M land sale closed on August 28, marking the start of the construction phase. The total project capitalization is $86M. The deal included 4% and 9% low-income housing tax credits. The project was awarded $1M from the Rental Housing […]