Governor Martin O’Malley Announces $25 Million for Rental Housing Works

ANNAPOLIS, MD – January 11, 2012 – (RealEstateRama) — Governor Martin O’Malley today, joined by House Speaker Michael E. Busch, Maryland Department of Housing Secretary Raymond A. Skinner, affordable housing advocates, and other officials, announced $25 million in the Administration’s proposed FY2014 capital budget for Rental Housing Works, an initiative launched last year to create jobs and address Maryland’s critical shortage of affordable rental housing for working families, senior citizens and individuals with special needs. This year’s investment will preserve over 1,100 new affordable rental housing units and support 1,900 jobs