MHP

Takoma Park, MD - January 10, 2011 - (RealEstateRama) -- Montgomery Housing Partnership, Inc. (MHP), a private nonprofit housing developer, today announced the year-end acquisition of the Parkview Towers apartments at 7667 Maple Avenue. MHP purchased the 11-story building for $6.895 million from a private owner on December 23, 2010. The broker of record on the transaction was Marcus & Millichap Real Estate Investment Services.

Takoma Park, MD - September 9, 2010 - (RealEstateRama) -- Montgomery Housing Partnership (MHP), a private nonprofit housing developer, was joined by County Executive Isiah Leggett September 8, to cut the ribbon on the grand re-opening of its newly renovated Gilbert Highlands development. The project is the first housing development in Maryland to open after utilizing funding from the American Recovery & Reinvestment Act of 2009. The $5.34 million renovation, which began last November, created 28 jobs. Federal, state and local officials were on hand to tour the renovation, which was hailed as a model for the other 28 stimulus funded projects currently underway in the state.

Silver Spring, MD - July 13, 2010 - (RealEstateRama) -- Montgomery Housing Partnership (MHP), a private nonprofit housing developer, has commenced construction on Maple Towers Apartments and plans to complete the renovation next Spring. The 44-year-old, 8-story brick building at 7610 Maple Avenue was purchased after it had sat vacant for nearly three years. It is now being gutted and renovated with environmentally-friendly technology and products that will meet Enterprise Green Communities’ criteria

Non Profit Developer will Honor David Reznick with Community Leadership Award March 18. Silver Spring, MD - March 16, 2010 - (RealEstateRama) -- David Reznick, Principal and Chairman of Reznick Group, will be honored next week by Montgomery Housing Partnership with its first Community Leadership Award. He will receive the award at MHP’s 20th Anniversary Dinner on March 18, at the Bolger Center in Potomac, Maryland.