Maryland – $44M Federal Stimulus for Affordable Housing

Maryland will receive $44 million in federal stimulus funds to develop affordable housing projects.Among the Baltimore-area projects receiving a portion of the funds include:• Annapolis Gardens and Bowman Court in Annapolis, the redevelopment of 150 affordable family units; and,

• Penn Square, a new project that will create 91 garden-style family units near North and Pennsylvania avenues in West Baltimore.

Projects in Allegany, Kent and Somerset counties will also receive a portion of the funds, part of the American Recovery and Reinvestment Act.

The $44 million was awarded to the Maryland Department of Housing and Community Development.

Gov. Martin O’Malley praised the funding award.

“Recovery and Reinvestment funds have allowed us to upgrade our infrastructure and sustain our first rate educational system, and we are proud to have the federal government partner with us in investing in the many programs and services that can benefit Maryland’s families during this time of economic difficulty,” O’Malley said in a statement.