(Silver Spring, MD) – RealEstateRama – MHP recently received a $1 million unrestricted grant from The Citi Foundation’s Community Progress Makers Initiative, a program that supports visionary organizations that are working to connect low-income communities to greater social and economic opportunity. MHP will use this substantial funding to preserve and expand affordable housing across the DMV region in alignment with its mission of housing people, empowering families, and strengthening neighborhoods.
MHP was one of five nonprofits based in the greater Washington, D.C. area selected as part of the initiative’s fourth cohort through an open request for proposals (RFP) process, which focused on organizations working in the areas of affordable housing and access, economic development, financial health and workforce readiness. MHP will combine their local expertise and track record of community impact with a national network of resources and changemakers, which will accelerate their community-based work.
“We’re proud to be among the Citi Foundation’s Community Progress Makers,” said Robert A. Goldman, President of MHP. “This funding allows us to expand quality affordable housing for thousands of people in a region that is facing an affordable housing crisis. As the largest nonprofit real estate developer in Montgomery County, we are committed to serving low-income residents, and with The Foundation’s generous funding and extensive resources, we can amplify our impact.”
This news follows MHP’s recent announcement of a bold new campaign to make home possible for all, with a goal of doubling its impact by 2030. MHP’s affordable housing pipeline has been active and in 2023 alone, it completed the construction of Colonnade at the Creek, a 96-unit garden-style property in Takoma Park; broke ground on The Residences at Forest Glen, a 189-unit ground-up redevelopment in Silver Spring; broke ground on renovations at Worthington Woods, a 395-unit apartment in DC; completed the North Frederick Apartments financial close; and approved the sketch plan for the upcoming Amherst Square / Wheaton Arts partnership deal.
Now celebrating its 35th anniversary, MHP continues to provide wraparound support for children and families through its Community Life programs, in addition to supportive outreach to residents and businesses. The organization also leads affordable housing advocacy efforts throughout the region. MHP was named 2023 Nonprofit Developer of the Year by Washington Business Journal award.
About MHP
At MHP, we are dedicated to making home possible. Since 1989, MHP has preserved and expanded access to quality affordable housing. MHP is a private nonprofit that provides more than 2,800 homes in Montgomery County and surrounding communities. We accomplish our mission by housing people, empowering families, and strengthening neighborhoods. Learn more at mhpartners.org
About The City Foundation’s Community Progress Makers
With the support of The Citi Foundation, Community Progress Makers expand their work on affordable housing and access, economic development, financial health, and workforce readiness. The Foundation also provides a supportive community network through which these organizations can connect to learn from each other, share best practices and strengthen their roles as social change agents. For more information, please visit citifoundation.com/cpm and follow the impact these organizations are making at #ProgressMakers on social media.
