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Stock impact report

Salisbury affordable housing projects secure $32m for rehabilitation [Yahoo! Finance]

Discover Financial Services (DFS) 
Last discover financial services earnings: 4/22 05:35 pm Check Earnings Report
US:NYSE Investor Relations: investorrelations.discover.com
Company Research Source: Yahoo! Finance
rehabilitation of two key affordable housing communities in Salisbury, Riverside Homes and Mitchell Landing Apartments, comprising a total of 99 units. This US-based initiative marks a significant commitment to Salisbury's future, aiming to preserve local affordable housing while leading the way in sustainability and energy efficiency. The Maryland Department of Housing and Community Development (DHCD) has played a pivotal role in facilitating this project, empowering Green Street Housing to address unique challenges at each property. Riverside Homes, originally constructed as public housing, will be extensively modernised using the US Department of Housing and Urban Development's (HUD) Rental Assistance Demonstration programme, including a shift to high-efficiency electric systems in place of gas heating and appliances. This decarbonisation effort is part of the first wave of Maryland's affordable housing sector's adoption of the Multifamily Energy Efficiency and Housing Affo Show less Read more
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