Entries by Ilana Guttin

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MHP acquires Rollingwood Apartments, preserves affordable housing along Purple Line with support from Amazon, Montgomery County

Silver Spring, MD (January 19, 2023) – MHP today announced it has acquired Rollingwood Apartments, preserving 283 units of critically needed affordable housing that was at risk of being lost, along the future Purple Line in Montgomery County. The Amazon Housing Equity Fund’s (Amazon) $28 million below market loan and financial support from Montgomery County […]

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MHP Nebel Street Apartments Awarded 9% State Tax Credits

(Silver Spring, MD)   MHP’s Nebel Street Apartments project was recently awarded 9% tax credit funds through the Maryland Department of Housing and Community Development’s 2022 9% application round for federal Low Income Housing Tax Credits and state Rental Housing Funds. Through a competitive application process, Nebel Street Apartments was selected to receive twinned 9% and […]

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