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DHCD Financing to Produce 26 Affordable Homeownership Units in Ward 7

Thursday, September 17, 2020
$6.4 Million in Financing to Provide Homeownership Opportunities

The Department of Housing and Community Development (DHCD) has provided $6.4 million in financing from the Housing Production Trust Fund (HPTF) to produce 26 new homeownership units in in the Twining neighborhood of Ward 7.

"This is another project that helps us move toward 12,000 new affordable housing units by 2025," said DHCD Director Polly Donaldson. "It's also the culmination of consistent engagement between the community, the developer and our team. We're excited to invest in affordable homeownership opportunities in this neighborhood."