5 Reservoir Hill homes set to be developed

June 07, 2001|BY A SUN STAFF WRITER

Mayor Martin O'Malley, Housing Commissioner Paul T. Graziano and other officials announced yesterday a development of five rowhouses in the 2200 block of Madison Ave. in Reservoir Hill.

The residences are being developed by Reservoir Hill HOPE. Funding is being provided by the city's Community Development Financing Corp. ($419,000), the Baltimore Department of Housing and Community Development ($280,000) and the Abell Foundation ($78,968).

The project is an example of the mayor's strategy of improving housing in traditionally successful neighborhoods. "We all know that the decline of one neighborhood will lead to the decline of other neighborhoods," O'Malley said. "The same is true that the success and the rebound of a neighborhood can lead to the success and rebound of other neighborhoods."

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