Tag Archive for: Silver Spring
A Feb. 18 fire at the Arrive high-rise apartment complex in downtown Silver Spring resulted in one fatality and injuries to multiple residents, as well as the displacement of hundreds of residents. More details are available here.
At the request of Montgomery County, MHP is managing a dedicated relief fund to assist those affected by the fire. One-hundred percent of donations will go directly to those affected. While this is not an MHP property, we maintain close ties with the community through the many affordable housing properties we have developed in Montgomery County, and are playing a role by managing financial donations to help impacted residents.
Learn more about how you can help here.
Two MHP projects were selected by the Maryland Department of Housing and Community Development (DHCD) to receive a total of $950,000 in restricted state revitalization funding as part of the National Capital Strategic Economic Development Fund.
MHP’s Nebel Street Apartments project, is being awarded $750,000 to support the creation of a pocket park, nature overlook, and public plaza in conjunction with the Nebel Street affordable housing development in North Bethesda, increasing equitable access to safe green spaces.
The second award will provide $200,000 in pre-development support for the Amherst Affordable Housing Development in Wheaton, enabling MHP to convert the property from 125 units into 250-350 units, more than doubling its capacity.
Read more here.
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).
