Patterson Park project receives $90,000 grantThe Patterson...

INDUSTRY WATCH

January 15, 1995

Patterson Park project receives $90,000 grant

The Patterson Park Neighborhoods Initiative, a neighborhood revitalization project started in July 1993, has received a $90,000 grant from the Morris Goldseker Foundation of Maryland.

The grant will be used to market the neighborhood to real estate agents and potential homebuyers and to establish a loan pool for acquisition and rehabilitation projects. Some of the grant money also will be used to rehabilitate a model home on Linwood Avenue, which will be open to the public, said Ed Rutkowski, project coordinator.

The model house was purchased at auction for $25,000 and will be renovated for about $40,000, he said. The Initiative hopes potential homeowners will see they can get good housing values in the neighborhood by visiting the model, which he expects to be open in two to three months.

The Patterson Park Neighborhoods Initiative is a partnership of nonprofit organizations, community associations, residents, business owners and city employees. Mr. Rutkowski says the area consists of about 11,000 homes.

In addition to marketing the neighborhood, the initiative has programs to help tenants buy their homes.

Area homes sell for $25,000 to $150,000, he said, and range in size from 1,000 to 3,000 square feet.

NEWS IN BRIEF

Buschman Design-Build of Marriottsville received three 1994 Remodeler of the Year Awards from the Maryland Improvement Contractors Association. Roxana Sinex of Sinex Design Architects of Columbia designed all three projects.

Buschman won Best Garage Addition honors for a two-car garage in Columbia that included a rooftop balcony with breezeway and colonnade. The Best Exterior Remodeling award was for the conversion of a Ruxton screen porch into a sunroom that blends seamlessly into the existing home.

Buschman garnered Best Kitchen Remodeling kudos for a Ruxton kitchen that received custom lighting, white cabinets and a creative design with many custom details.

Parkway Mortgage Inc., a 17-year-old firm based in Kenilworth, N.J., opened a Baltimore office at 6810 Deerpath Road, Suite 305. Joyce Jewett Floyd is regional director and assistant vice president in charge of operations at Parkway's new "Washington Metropolitan Area" office.

Other members of the Baltimore office, which will serve Maryland, Virginia, Delaware and the District of Columbia, are Catherine A. Mateer, assistant operations manager, and James E. Nissley III, account executive.

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