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Hollins House Recognized with National Honor for Excellence in Public Housing at the 24th Annual Charles L. Edson Tax Credit Excellence Awards

BALTIMORE, MD. – Hollins House received honorable mention in the Public Housing category at the 24th Annual Charles L. Edson Tax Credit Excellence Awards (Edson Awards) by the Affordable Housing Tax Credit Coalition on June 13, 2018.

The Edson Awards take place each year on Capitol Hill, bringing together members of Congress, business and nonprofit leaders to honor Low-Income Housing Tax Credit (Housing Credit) developments that are strengthening communities, improving health and boosting the economy in urban, suburban and rural areas nationwide.

Located two blocks west of the main University of Maryland graduate campus, Hollins House is a high rise apartment building of 130 affordable homes for seniors and individuals with disabilities. Developed by the Community Preservation and Development Corporation (CPDC) and the Housing Authority of Baltimore City (HABC), Hollins House is CPDC’s first redevelopment project in Baltimore. The development provides access to meals, health and nutrition education, technology, as well as cultural engagement and volunteer opportunities for residents in an effort to create enduring community connections. Honored at the Edson Awards, Hollins House is recognized for its impactful use of the Housing Credit as a powerful resource for community building.

The Housing Credit was created as part of the Tax Reform Act of 1986, and today is widely regarded as the nation’s most successful housing production tool. The Housing Credit has financed more than 3 million affordable apartments through public-private partnerships, and supports 96,000 jobs each year, mostly in the small-business sector. It has earned strong bipartisan support, and was recently preserved in the Tax Cuts and Jobs Act of 2017, and expanded and strengthened in the omnibus spending bill for fiscal year 2018. The broadly-supported Affordable Housing Credit Improvement Act would further expand and strengthen the program.

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