Affordable Housing Developer MPH Has Raised $15.8 Million for Plan to Expand/Preserve Affordable Housing in MoCo/DMV

Courtesy MHP

Nonprofit affordable housing developer MHP has officially launched a new $20M campaign to double its impact by the end of the decade, activating a plan to expand and preserve more affordable housing in Montgomery County, MD and across the DMV. As of today, MHP has raised $15.8M, 79% of its goal. The news was first reported this morning by Source of the Spring.

The campaign motto is Making Home Possible for All, reflecting the many people who need affordable housing – from seniors to single adults to working couples with children. Each person is part of a diverse mosaic that makes up a community, and housing is a basic yet essential human need that we can work together to fulfill. MHP is making it happen.

MHP President Robert A. Goldman officially announced the campaign last week at a reception at El Golfo restaurant in the heart of the Long Branch community. He expressed his gratitude to supporters stating, “Today, while we continue to raise more funds each year, we are still facing an uncertain time with potential government cutbacks and rapidly rising living costs. Thank you to all of those who have supported, and are considering supporting, MHP as we continue to provide gold standard programs for our residents despite these growing challenges.”

As it celebrates its 35th anniversary this year, MHP is further strengthening its solid track record of managing the acquisition and rehabilitation of multi-family affordable housing properties and providing services for more than 16,000 residents since its inception. In 2023 alone, MHP completed the construction of Colonnade at the Creek, a 96-unit garden-style property in Takoma Park; broke ground on The Residences at Forest Glen, a 189-unit ground-up redevelopment in Silver Spring; broke ground on renovations at Worthington Woods, a 395-unit apartment in DC; completed the North Frederick Apartments financial close; and approved the sketch plan for the upcoming Amherst Square / Wheaton Arts partnership deal.

In addition to a focus on expanding and preserving affordable housing, MHP remains committed to enhancing opportunities for its residents through its award-winning Community Life educational enrichment programs and targeted outreach programs that serve residents facing challenges.

MHP’s property acquisitions, renovations, and wraparound programs are made possible through the support of thousands of generous donors and funding partners. MHP aims to raise $20 million by December 31st to reach its goal of doubling its impact by 2030. Visit mhpartners.org/possible to learn more about how you can help.

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FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

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