Financing Closed: Green Street Housing Leads Community-Centered Restoration of Riverside Homes and Mitchell Landing [Yahoo! Finance]
Discover Financial Services (DFS)
Last discover financial services earnings: 4/22 05:35 pm
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Source: Yahoo! Finance
financing needed for a transformative $32 million transaction to rehabilitate two cornerstone affordable housing communities in Salisbury : Riverside Homes and Mitchell Landing Apartments, totaling 99 units. As a hometown project for Green Street, this initiative represents a significant investment in Salisbury's future, preserving local affordable housing while pioneering sustainability and energy efficiency measures. The Maryland Department of Housing and Community Development (DHCD) has played a crucial role in supporting this effort, empowering Green Street Housing to overcome unique challenges at each property and revitalize these critical community assets. Riverside Homes, originally built as public housing, will undergo extensive modernization using HUD's Rental Assistance Demonstration (RAD), including a groundbreaking shift to high-efficiency electric systems, replacing gas heating and appliances. This decarbonization effort is among the first for Maryland's affordable hous
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DFS
Earnings
- 10/16/24 - Beat
DFS
Sec Filings
- 12/19/24 - Form 425
- 12/19/24 - Form 425
- 12/17/24 - Form 425
- DFS's page on the SEC website