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Stock impact report

Comstock Announces Affordable Housing Project for Rockville Development Site [Yahoo! Finance]

Comstock Holding Companies, Inc. - Class A (CHCI) 
US:NASDAQ Investor Relations: ir.comstockhomes.com
Company Research Source: Yahoo! Finance
RESTON, Va., November 20, 2024 BUSINESS WIRE )--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it is partnering with SCG Development Holdings, LLC ("SCG") to form a joint venture that will develop an affordable housing project located on land currently owned by Comstock at 41 Maryland Avenue in Rockville, Md. ("Comstock 41"). The property, located adjacent to Metro's Rockville Station on the Red Line, will be branded as Momentum @ Rockville Station and is slated to deliver well over 100 affordable housing units to the community. "The City of Rockville is working to expand housing options to help support the everyday heroes of our community, including teachers, firefighters, police offices, health professional staff, and other people who help our city, county, and state run," said Monique Ashton, Mayor of R Show less Read more
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