May 26, 2017

Van Hollen, Cardin Announce $1,515,105 for Affordable Housing and Community Development

Today U.S. Senators Chris Van Hollen andBen Cardin (both D-Md.) announced that the Neighborhood Reinvestment Corporation has awarded NeighborWorks America grants totaling $1,515,105 to organizations dedicated to developing and preserving affordable housing, revitalizing and sustaining neighborhoods, and creating jobs in Maryland.

"These grants will directly help organizations working to support and revitalize Maryland communities," said Senator Van Hollen, member of the Senate Appropriations Committee. "President Trump's budget completely eliminates the Neighborhood Reinvestment Corporation, putting future grants in jeopardy. His budget would gravely threaten Maryland's economy, and we will fight these cuts tooth and nail."

"These funds represent a critical federal investment in Maryland housing, particularly in our efforts to keep our neighborhoods affordable," said Senator Cardin, a member of the Senate Finance Committee. "This investment comes on the heels of President Trump proposal to wholly eliminate the Neighborhood Reinvestment Corporation, which would cripple affordable housing neighborhoods and jeopardize our state economy. Every Marylander - every American - deserves a safe and affordable place to call home. It's yet another reason why the president's budget must be considered dead on arrival."

The grants announced today will go to the following organizations:

Organization Name

Location

Grant Amount

NHS of Baltimore, Inc.

Baltimore, MD

$261,500

St. Ambrose Housing Aid Center

Baltimore, MD

$146,105

Salisbury NHS, Inc.

Salisbury, MD

$180,500

Community Preservation and Development Corporation

Silver Spring, MD

$452,000

Montgomery Housing Partnership, Inc.

Silver Spring, MD

$475,000

NeighborWorks America supports and enhances a network of nearly 250 local and regional nonprofit partner NeighborWorks organizations who bring together residents, private-sector business leaders, and representatives of local government to create communities of opportunity. President Trump's Fiscal Year 2018 budget proposal completely eliminates the program.