FINANCIAL_SERVICESAPPROVED

Board of Public Works Agenda 2026-06-18

$12.3 Million Loan for Columbia Affordable Housing Project

$3,500,000 – Rental Housing Works$6,000,000 – Multifamily Capital Fund$2,845,480 – Partnership Rental Housing Program$12,345,480 (Total)Comptroller of Maryland|Office of the ComptrollerARTISTS FLATS 4 LIMITED PARTNERSHIPJune 17, 2026

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Description

The Department of Housing and Community Development approved over $12.3 million in loans to Artists Flats 4 Limited Partnership for construction of affordable rental housing in Columbia, MD.

Contract Details

Contract Amount

$3,500,000 – Rental Housing Works$6,000,000 – Multifamily Capital Fund$2,845,480 – Partnership Rental Housing Program$12,345,480 (Total)

Vendor

ARTISTS FLATS 4 LIMITED PARTNERSHIP

Agency

Comptroller of Maryland|Office of the Comptroller, MD

Contract Type

FINANCIAL_SERVICES

Document Date

June 17, 2026

Issuing Agency