New Markets Tax Credits Keep Adams Morgan Apartment Building Affordable and Creates New Child Care Center
February 5, 2008 Posted by Maryland RealEstateRama
Financing Provided by Enterprise, Jubilee Housing, DHCD, Jubilee JumpStart and PNC Bank
Columbia, Md. – (February 5, 2008) – Enterprise Community Investment, Inc. (Enterprise), Jubilee Housing, the District of Columbia Department of Housing and Community Development (DHCD), Jubilee JumpStart and PNC Bank, a member of the PNC Financial Services Group, today announced the groundbreaking for Ontario […]
Ending Homelessness: $800,000 Freddie Mac Foundation Investment To Help Montgomery County Homeless Children And Families
January 17, 2008 Posted by Maryland RealEstateRama
Investment Supports Innovative MCCH Program
Rockville, MD – More than 1,100 people are homeless everyday in Montgomery County – many of these are children. Compounding the issue, the shortage of affordable housing and the recent credit crunch have also stressed many families who are already stretched. To help alleviate the issue, the Freddie Mac Foundation is […]
Enterprise Awarded $100 Million in New Markets Tax Credits
October 19, 2007 Posted by Maryland RealEstateRama
Fifth Award Brings Total Allocation to $515 Million for Investment to Stimulate Economic Growth in Low-Income Communities
COLUMBIA, Md., Oct. 19 /PRNewswire/ — Enterprise Community Investment, Inc. (Enterprise) today announced the company was awarded $100 million in additional New Markets Tax Credits (NMTC) by the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI). This new […]
Developer turns condos to apartments in Annapolis
July 13, 2007 Posted by Maryland RealEstateRama
Another local luxury condo conversion has failed, with the developer pulling out of the project two years after buying the Regatta Bay apartments in Annapolis.
