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MHP acquires Rollingwood Apartments, preserves affordable housing along Purple Line with support from Amazon, Montgomery County

MHP today announced it has acquired Rollingwood Apartments, preserving 283 units of critically needed Affordable Housing that was at risk of being lost, along the future Purple Line in Montgomery County. The Amazon Housing Equity Fund’s (Amazon) $28 million below market loan and financial support from Montgomery County played an instrumental role in this transaction.



This post first appeared on RealEstateRama, please read the originial post: here

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MHP acquires Rollingwood Apartments, preserves affordable housing along Purple Line with support from Amazon, Montgomery County

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