Affordable housing projects in region win funding - Baltimore Business Journal:

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The funding comes from the Federa l HomeLoan Bank's 2007 Affordable Housing which totals $50 million to created or preserve more than 6,000 affordable housing unitas in states the bank serves. In local developers working in partnership with FHLB membert banks will receive grants rangingtfrom $100,000 to $500,000 to help fund affordable housing in Cambridge, Catonsville and Princess East Baltimore Good Neighbor Initiative Phase I, funde d by and sponsored by Chesapeake Habitaf for Humanity of Baltimore, will receives $300,000 for 30 housing Parktown Apartments, funded by (NASDAQ: BAYN) and sponsore d by , will receivde $258,705 for 48 housing St.
Ambrose Intervention Buying, funded by Bradfor Bank and sponsoredby , will receivew $200,000 for 20 housing The Senior Housing Community at Rolling funded by (NYSE: STI) and sponsored by Enterprise Housintg Corporation of Baltimore, will receive $373,500 for 83 housing The Federal Home Loan Bank of Atlants offers low-cost financing, community developmenty grants and other banking servicees to help more than 1,200 membefr banks make affordable home mortgagesx and provide economic development credit to neighborhoods and Its members include commercial credit unions, thrifts and insurance companiezs based in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginiw and Washington, D.
C.