NIIF Investments

Druid Heights CDC Creates Affordable Homeownership Opportunities in West Baltimore

Druid Heights Community Development Corporation (DHCDC) has been hard at work encouraging community development through various initiatives in Druid Heights since 1974. The organization is currently completing construction for the next phase of the Bakers View Homeownership Development, a project that will result in 57 quality, for-sale, single-family homes available to buyers earning up to 120% of the Area Median Income (AMI).

NIIF is providing $650,000 in initial construction financing for four homes on Division Street which are expected to be completed in September. For more information and to learn more about homeownership opportunities visit DHCDC’s website.

“We are excited to continue providing affordable homeownership through our next phase of the Bakers View Homeownership Development Project. We greatly appreciate the support from NIIF, as well as the continued partnership of our stakeholders which include the Baltimore City Department of Housing and Community Development and the State of Maryland Department of Housing and Community Development,” said JohnDre Jennings, Executive Director of DHCDC.