Real Estate Notes

July 07, 1991

Shelter Development Corp. and First Lutheran Church of Towson have begun construction of Timothy House, a 112-unit rental community for senior citizens on Dunvale Road between York Road and Fairmount Avenue. When complete in early 1992, the complex will contain efficiencies and one- and two-bedroom apartments with monthly rents ranging from $295 to $415, not including utilities. Marks, Thomas and Associates was the architect. A leasing center is open Monday through Friday from 9 a.m. to 5 p.m.

Partners Management Co. has completed a $2 million renovation of the Highland Village Apartments, a 683-unit town house apartment community in the Lansdowne area of southwest Baltimore County. The work was funded in part by a $668,000 construction loan provided by the Rental Rehabilitation Program of the U.S. Department of Housing and Urban Development.

The People's Homesteading Group of Baltimore has been awarded a $50,000 grant from the Goldsecker Foundation to support its successful "sweat equity" program, in which PHG enables low-income families to become homeowners by investing their own labor to help renovate abandoned houses in Baltimore.

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