Saturday, May 17, 2008
Mixed-Income Projects In and Outside the Central City

Name: Aster Place Apartments of Bloomfield
Location: Lancaster County, Pennsylvania
Contact: Redevelopment Authority of Lancaster County 717-291-1911
Use of HOME funds: The County of Lancaster, through the Lancaster County Housing and Redevelopment Authorities, provided a soft low interest mortgage in the amount of $662,500. This was funded with HOME money. Also, The Pennsylvania Housing Finance Agency provided a soft secondary financing from their HOME program in the amount of $1,000,000.

Name: The Glen
Location: Wheaton, Maryland
Contact: Housing Opportunities Commission 301-929-6723
Use of HOME funds: HOC received $800,000 in HOME funds from the Montgomery County Department of Housing and Community Development.



©2008 National Affordable Housing Training Institute