Montgomery County has partnered with Habitat for Humanity and AHC to build nearly 200 multi-family homes, located at Randolph Road and Bushey Drive, near Veirs Mill Road, in Silver Spring (Wheaton-Glenmont)– the project broke ground this week. According to Montgomery County Executive Marc Elrich, the county was able to leverage the land value, coupled with reduced property taxes, through the County’s PILOT program and a substantial loan from the County’s Housing Initiative Fund, which enabled this construction to move forward despite dramatic increases in both construction costs and interest rates.
“I am thrilled that this will include homeownership options for low-income residents. When we began discussing this project, I pushed for home ownership opportunities, and I am grateful to our partners for making sure that was included. It is an outstanding, innovative project. Because affordable housing is a priority, we must seek out partnerships and ideas like this to spark projects that deliver many deeply affordable units and benefit a broad range of wage earners.” said Elrich.
Elrich added “The groundbreaking today is similar to several projects I have discussed in which we plan to leverage County-owned land and ask developers to bring us creative affordable housing projects. I was recently updated on the responses we received for the RFPs we put out on 18 County-owned parking garages and we will have some good news on that front. This week in our CIP recommendations, we had great news in terms of our Naturally Occurring Affordable Housing (NOAH) loans being repaid so quickly that we are able to “re-use” $30.2 million for additional lending for NOAH preservation projects.”
Dr. Cara D. Grant, MCPS supervisor of Pre-K-12 health and physical education, and Dr. Troy E. Boddy, retired director in the Equity Initiatives Unit, have collaborated on a NEW book…
Montgomery County Fire and Rescue Services (MCFRS) responded to a multi-vehicle crash that occurred at approximately 5pm on Wednesday on southbound I-270 prior to exit 9 (Sam Eig Hwy).
Maryland Attorney General Anthony G. Brown announced today that the Consumer Protection Division’s Opioids Enforcement Unit has finalized settlements with Teva, Allergan, Walmart, and Walgreens for their role in contributing…
The Montgomery County Commission for Women and Montgomery Women will host a free virtual fair for middle and high school female students from 7-8:30pm on Thursday, March 21.
AC Milan Academy is hosting a soccer camp at Maryland Soccerplex from March 1st through March 3rd for girls and boys aged 5 to 16 from any club who want to develop their soccer skills and learn the unique methodology of AC Milan directly from AC Milan coaches.
March 1st (Friday) 6pm-7:30pm
March 2nd (Saturday) 6pm-7:30pm
March 3rd (Sunday) 10:30am -12pm and 3:30pm-5pm
Location:18031 Central Park Cir, Boyds, MD 20841
Price: $349 + AC Milan Junior Camp Kit