MHP’s Forest Glen Project To Receive COG/Amazon Grant
MHP’s Residences at Forest Glen project is one of 10 affordable housing initiatives in the Washington, DC, region that has been selected by the Metropolitan Washington Council of Governments (COG) to receive grant funds from the new Housing Affordability Planning Program (HAPP). The program is administered by COG and backed by the Amazon Housing Equity Fund to advance initiatives to build affordable housing in transit-oriented communities.
Residences at Forest Glen will receive $75,000 for predevelopment expenses like building permits and entitlements. The 72-unit, three-story apartments in Silver Spring will be redeveloped into five-story buildings with 189 multifamily residential units to increase affordability.
A Washington Business Journal article describing the Amazon initiative is here (subscription required).