Md. Gov. Announces $25M for Affordable Housing - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Md. Gov. Announces $25M for Affordable Housing

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(Photo: MGN) (Photo: MGN)

ANNAPOLIS, Md. (WBOC/AP)- Maryland Gov. Martin O'Malley says he is putting $25 million in the state's capital budget for an initiative to help ease a shortage of affordable rental housing for working families, senior citizens and people with special needs.

The governor made the announcement on Friday about the "Rental Housing Works" initiative, which was launched last year.

The O'Malley administration says the investment will preserve 1,100 rental housing units and support 1,900 jobs.

O'Malley made the announcement at the construction site for the Obery Court apartments near downtown Annapolis where last year, during Phase II of the project, the administration first launched the initiative. Since then, 63 rental units have been completed of 174 units planned in three phases.

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