Reply to Rock Creek Forest ES RCF ES New principal

Forum Index » Montgomery County Public Schools (MCPS)

Reply to "Rock Creek Forest ES RCF ES New principal"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]according to this: www.montgomerycountymd.gov/DHCA/Resources/Files/finance/DHCAPipeline%20Report%20June%202023.pdf

FY23 Pipeline Loans – (Committed, closings in process)
DHCA’s FY23 pipeline of committed loans includes projects that have closing dates after the end of June
2023. These projects have targeted closing dates and currently consist of eight loans with a total of
$66,813,691 from County investment and an additional $1,917,547 from the County’s dedicated energy fund. The eight projects are expected to produce or preserve 2,405 total units, of which 1,432 will be affordable. In addition, there are three rental agreements that will preserve 110 additional affordable rental units.
Rollingwood Apartments
• Owner/Developer: JV of MHP, MRK and SKS Partners.
• 2535 Ross Road, Silver Spring MD 20910.
• The property is NOAH, consisting of nine buildings and 283 units with a desirable unit mix of studios, one-, two-, and three-bedroom units: 214 units will serve households between 30% – 60% of AMI.
• The Property was originally developed in 1963 and is showing signs of deferred maintenance. Through a joint venture with MHP, SKS, and MRK Partners, the property will be acquired with the intent to preserve the NOAH and address the deferred maintenance through a renovation of approximately $25,000/door or $7,000,000.
• The County loan request is $2,000,000.
• Anticipated closing July 2023[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics