County Executive Elrich Announces Record Year of Finance through Montgomery County’s Housing Initiative Fund (Housing Opportunities Commission of Montgomery County)

Date Published: 
August 8th, 2019

From Montgomery County, MD's press release:

Wednesday, County Executive Marc Elrich announced that Montgomery County’s Housing Initiative Fund (HIF) provided the highest level of financing in its 30-year history to preserve or create 22 multifamily properties generating a total of 3,254 apartment units, including 1,982 affordable housing units.

...

DHCA collaborated with for-profit (Stratford Capital, The Orlo Fund, RST Development, and the Conifer Group) and nonprofit (Housing Opportunities Commission, Montgomery Housing Partnership, and Victory Housing) developers to produce this significant affordable housing expansion milestone.

Read Montgomery County, MD's press release "County Executive Elrich Announces Record Year of Finance through Montgomery County’s Housing Initiative Fund," featuring the Housing Opportunities Commission of Montgomery County.

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