Nonprofit Silver Spring developer has become affiliate of Columbia-based Enterprise

A nonprofit developer based in Silver Spring has become an affiliate of Columbia-based Enterprise Community Investment, a subsidiary of nonprofit affordable-housing organization Enterprise Community Partners. The Silver Spring developer, Community Preservation and Development Corp., owns or has developed more than 30 rental communities that house more than 10,000 people in Maryland, Washington and Virginia. Enterprise Community Investment provides financing for affordable-housing development. Enterprise has helped finance the creation of maintenance of 470,000 affordable homes, including 144,000 through low-income housing tax credit programs. The two groups hope to be stronger together in building and preserving affordable housing and offering services to residents, the organizations said in an announcement Tuesday. “Meeting America’s deepening housing challenges demands preservation of existing affordable properties,” Charlie Werhane, president and CEO of Enterprise Community Investment, said in an announcement. With the help of Enterprise’s property management skills and strong capital base, Community Preservation will be better positioned…


Amazon’s HQ2 could bring local economy as much as $17 billion a year, new study says

Children play in a fountain in Silver Spring, Md., north of Washington, D.C. The impact of Amazon coming to town could hit $17 billion in economic benefit per year for Maryland, according to a new study touted Wednesday by the state — one of three potential “HQ2” options around Washington, D.C. It’s an optimistic calculation for a local economy that could please any of advocates for the 20 locations still in the hunt for the satellite headquarters that will supplement Amazon’s AMZN, +0.03% home base in Seattle. The $17 billion projection greatly leverages the $5 billion that Amazon said it would chip in for the project, which it believes will ultimately create 50,000 new high-paying jobs. The estimated $17 billion includes $7.7 billion in new wages for the state to add to its tax rolls, plus 101,000 new jobs once the company’s new headquarters is fully established, according to the…


We must ask what candidates mean by ‘affordable housing’

The Hampshire Towers in Takoma Park in 2015. Tenants asked Montgomery County officials to put the rent increases on hold pending negotiations. (Evelyn Hockstein/For The Washington Post) As Montgomery County’s campaigns for public office heat up, most of the candidates will drape themselves in the banner of “affordable housing.” But what policies they actually stand by are often at odds with what affordable housing really means, especially for renters. For a small percentage of renters struggling financially, federal subsidies can help. These include Section 8 vouchers and county and state rent subsidies through the rental assistance program that pays part of a tenant’s rent for limited periods, as well as emergency short-term charity subsidies aimed at preventing evictions through a network of nonprofits. Then there’s the county’s “crown jewel” of affordable rental housing policy: the Moderately Priced Dwelling Unit program. The MPDU rental program requires some properties to set aside…


9 WOW Houses: Arts & Crafts, Contemporary, French Country

Across Maryland, there are real estate gems galore. These nine dream homes across the state range from an Arts and Crafts style home in Baltimore County to a stately French country home in Bowie. Prices run from $879,000 to $3,395,000. GLYNDON, MD — This Arts and Crafts style home on 4.85 acres offers “truly a wooded retreat” … Read more PASADENA, MD — This waterfront Pasadena home in a gated community could be yours for an asking price of $1.675 million … Read more BOWIE, MD — This French country stle home built in 2001 has a kitchen with granite counter tops and a grand back yard… Read more BALTIMORE, MD — This seven-bedroom colonial in Guilford was built in 1925 and features original millwork… Read more Subscribe CHEVY CHASE, MD — This stunning, fully customized home in Chevy House is listed for $3,395,000… Read more LUTHERVILLE TIMONIUM, MD —…

Silver Spring

Find The Right Silver Spring MD Housing For You

There are plenty of Silver Spring MD housing options out there. Since there are so many different homes to choose from, finding the right one can take some work. Find out how to find what you’re looking for by looking into these tips. You’re going to need to figure out what kind of condition a home is in before you buy it. If a seller tells you there’s nothing wrong with it, that doesn’t mean there are no problems at all. You may want to ask the seller if they mind if you have an inspection service come by to check it out so you can make very sure that there are no issues. If they won’t let you get the home inspected, then you may want to move on because they may be hiding something they don’t want you to find. The pricing on a home is something to…


Tips For Apartment Landlords

If you are going to be renting out your apartment you need to consider some tips that will help you complete this smoothly. If you are going to be hiring a letting agent or a property management company then many of these tasks will be completed by them. However, it is important that you know what these tips are so you can ensure that they are done. Always Screen Tenants You should never rent to anyone without screening them first. You will need to carry out a credit check on the potential tenant to ensure that they will make the rental payments. You should also consider completing a background check on tenants because you do not want to rent your apartment to someone who has a history of trashing where they live. Get Everything In Writing You need to put everything in writing because this is good for you and…


Looked At Apartments In Silver Spring MD Before Choosing One

I was looking for an apartment to rent in Silver Spring, MD. I was already renting one, but there were too many break-ins going on in the area. One of my neighbors had their car broken into twice and another neighbor had their apartment broke into. Even though I had a lease, I wanted to move out of this area. I knew there would be penalties for moving out because I would be breaking my lease, but I thought it would be for the best. I started searching around for apartments for rent in Silver Spring, MD. I went to the store and bought a newspaper to see if I could find any rentals there. I found a few that I called about, but once I found out where they were located, I wasn’t interested. These areas were also known for crime. That’s when I went online and searched for…


Four Reasons Why Maryland Is A Great Place To Live

Every state in the US has unique characteristics that set us apart from the others. Maryland is no exception. Located in the mid-Atlantic area of the country, this popular state has a lot to offer its residents. Here are four reasons why you may want to consider moving to this great state: 1. Diverse Landscapes. The landscape throughout the state offers an incredibly diverse range of activities in terms of outdoor recreation. The eastern part of the state has some truly beautiful beaches that offer unparalleled opportunities for boating, swimming, and relaxing. If you head north, you can see beautiful farmland where many popular crops are harvested. The western part of the state is dominated by beautiful mountains, providing excellent opportunities for hiking and mountain biking. 2. Changing Seasons. If you are the type of person that loves to experience the changing seasons, there is no better place to be….


Find Some Unique Museums In Maryland

Traveling to Maryland can be a great way to have a vacation. By knowing about the museums that are present in the state, though, it will be very easy for you to plan your trip and have a great vacation. Without this you could struggle to have a good trip because you are not sure where you should be going or even worse find that your destination is on the total opposite end of the state where you going to travel to. The Jewish Museum of Maryland is a place that a lot of people are going to overlook because it covers the Jewish faith and the movement that they have had in the state and in part the country. However, what you need to realize is this is a museum that will provide you with plenty of things for you to see and learn. Not to mention that the…