Baltimore – The production of affordable rental housing is an economic development and job creation engine for the state, Secretary Holt said during the grand opening Thursday of Benet House Senior Apartments in southwest Baltimore.
The Hogan-Rutherford administration has made turning around Maryland’s economy its top priority and the revitalization of the state’s housing market is a significant component, Holt said.
Sponsored by Bon Secours Baltimore Health System, the Benet House project involved the preservation and renovation of 76 one-bedroom units and 25 efficiencies of quality affordable rental housing for low income seniors and non-elderly disabled persons in Baltimore City. Benet House opened in 1991, following the renovation and adaptive reuse of a former Baltimore City public school building and construction of a new residential wing.
DHCD worked with developer partners Unity Properties, Inc. and Enterprise Homes, Inc. and general contractor Southway Builders. Financing was made possible in part through DHCD’s Rental Housing Works program and federal Low Income Housing Tax Credits.