$2.6 million in grants to help put up housing

November 13, 1992|By Edward Gunts | Edward Gunts,Staff Writer

Developers in Baltimore will receive about $2.6 million in federal funds to help construct more than 300 units of affordable housing for low- and moderate-income home buyers, Mayor Kurt L. Schmoke announced.

The funds come from the federal government's HOPE program, which stands for Homeownership and Opportunity for People Everywhere. Administered by the U.S. Department of Housing and Urban Development, the program was created as part of the National Affordable Housing Act of 1990 to expand homeownership opportunities for residents of public housing and other subsidized rental properties.

The local developers won the grants after competing with developers in cities such as Philadelphia and Pittsburgh, said city Housing Commissioner Robert W. Hearn.

"These awards demonstrate the effectiveness of the partnership between the city and its non-profit housing producers," Mr. Hearn said yesterday. "These funds will assist in transforming vacant properties into homeownership opportunities for residents of Baltimore."

To obtain funding, developers had to compete nationally and their proposals were judged against strict selection criteria. The Baltimore developers chosen to receive funds are:

* The Baltimore Corporation for Housing Partnerships, which received $183,000 to help develop 186 cooperative apartments at the Cherrydale complex at 1100 to 1120 Cherry Hill Road, and $469,593 for 10 units in Druid Heights.

* Madison Square Housing Corp., $176,000 for 63 units at Harrymills Terrace, 1400 to 1416 E. Eager St.

* St. Ambrose Housing Aid Center, $300,000 for 10 units in Waverly, Govans and Northwood.

* Maryland Housing Research Corp., $848,000 for 42 units in Cherry Hill, Pigtown, Poppleton, Sharp-Leadenhall and Sandtown-Winchester.

* People's Homesteading Group, $474,360 for 18 units in East Baltimore, Midway and Barclay.

* Northwest Baltimore Corporation, $100,000 to design a program for affordable housing in the Park Heights Urban Renewal Area.

* Middle East Community Development Corp., $85,700 to design an affordable housing program for Baltimore's Middle East neighborhood.

"The success of these developers shows that partnerships are an effective way for Baltimore to provide affordable housing in a time of shrinking public resources," Mayor Schmoke said. "These developers bring to our neighborhoods the energy and imagination we need for the 1990s."

Mr. Hearn said the grants "show the vitality and importance of our local developers." City housing officials will continue to work closely with them in carrying out their projects, the commissioner said.

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