Copyright © 2018 Home Builders Care Foundation, Inc. - a 501 (c) (3) charity affiliated with the Maryland Building Industry Association.
About this project.
On March 24, 2010, the Home Builders Care Foundation celebrated the grand opening and ribbon cutting of Lockney Apartments, a newly renovated building which now provides affordable, permanent supportive housing for formerly homeless families. Montgomery County Executive Isiah Leggett and County Councilman George Leventhal joined in the ribbon cutting event.
In partnership with Coalition Homes, Inc, (CHI) a subsidiary of the Montgomery County Coalition for the Homeless (MCCH), and the Montgomery County Department of Housing and Community Affairs (DHCA), HBCF has helped the once vacant and foreclosed 4-unit apartment building in Takoma Park undergo an amazing transformation.
At the grand opening, Theresa Holston, a single mother who had been staying in a homeless shelter for months with her newborn daughter, was the first to move into her new apartment. She is a participant in MCCH’s Partnership for Permanent Housing program, a “housing first” initiative that seeks to reduce homelessness by providing permanent stable housing instead of temporary shelter, including supportive services to help clients address the issues which contributed to their homelessness.
The building was purchased by CHI with project financing from DHCA via the Housing Initiative Fund, although the funding was a lot less than the minimum amount needed to perform the entire scope of renovation. Thus HBCF’s involvement made the project work within budget constraints.
New MNCBIA member Sunrise Home Builders LLC served as the general contractor for the project helping save the Coalition about 18% on overall construction costs right off the top. HBCF then contributed an additional $40,000 to further bridge the gap in financing. A portion of the HBCF funds, $10,000, was raised during Newland Communities’ Life is good© Pumpkin Festival in Clarksburg Town Center Clarksburg, Maryland.
At the opening, HBCF President Ted Smart of Maryland Development Co LLC, commented, “It’s no secret that this has been one of the worst business climates for home builders in recent memory. Many of us have lost our jobs. Many of us are struggling to stay afloat. Yet we still care about our communities and are still finding ways to give.”
He added that while the Lockney Apartments project increases the stock of supportive housing with 4 new family units, our community still has a long way to go. “Last year, according the Metropolitan Washington Council of Governments annual report, there were 168 homeless families officially counted in Montgomery County.”
Sharan London, MCCH Executive Director commented “We are delighted to partner once again with the County and Home Builders Care Foundation to provide the dignity of a home to four more families as they exit homelessness.”
To learn more about Coalition Homes, Inc. and their programs, click here to visit their website or call 301-217-0314.