Baltimore Consortium welcomes stimulus funding

On January 14th, fantastic news was announced for the city of Baltimore and the St. Ambrose Housing Aid Center.

The Healthy Neighborhoods Consortium was awarded over $26 million dollars by the U.S. Department of Housing and Urban Development (HUD) to stabilize neighborhoods in Baltimore impacted by foreclosure and abandonment. With Healthy Neighborhoods as the lead agency, this consortium represents a unique partnership between non-profit housing developers, for-profit developers, and the City to secure federal funding for Baltimore. St. Ambrose will receive more than $8 million dollars over the next three years to acquire, renovate, and resell properties in Belair-Edison, Better Waverly, Coldstream Homestead Montebello, and Ednor Gardens. This funding will support the expansion of St. Ambrose’s Housing Development Program, increasing its output of properties from approximately 30 per year to around 60 per year over the next three years.

The $26 million dollar grant awarded to the Consortium is part of $1.93 billion dollars in grants announced by HUD as part of the Neighborhood Stabilization Program2 (NSP2). NSP2, in turn, is part of the American Recovery and Reinvestment Act (also known as the “stimulus package”), passed by Congress and President Obama in February of 2009.

Only 56 grantees were awarded funds for NSP2, out of almost 500 competitive applications received by HUD. The grantees include “states, local governments, nonprofits and a consortium of public and or private nonprofit entities.”

St. Ambrose was also a beneficiary of NSP1 funding through the Housing and Economic Recovery Act of 2008 (HERA), signed under President Bush. St. Ambrose received the NSP1 funds through the Baltimore City Department of Housing and Community Development, who was the direct recipient of the award.

Congratulations to all of the other Healthy Neighborhoods Consortium members!

  • Healthy Neighborhoods, Inc.
  • Habitat for Humanity of the Chesapeake
  • Druid Heights Community Development Corporation
  • The Telesis Baltimore Corporation
  • Baltimore City Department of Housing and Community Development

(Note: An earlier version of this article incorrectly stated that the Baltimore City Department of Housing and Community Development was the direct recipient of NSP2 funding. DHCD was the direct recipient of NSP1 funding.)

For more information: Baltimore receives millions in Recovery Act grants and energy stimulus funds

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