Baltimore Housing Celebrates Affordable Housing at CHAI-Fallstaff Apartments Grand Opening
Baltimore Housing Commissioner Paul T. Graziano joined Councilwoman Rikki Spector, CHAI, the Reinvestment Fund, the MD Department of Housing and Community Development, other partners, and residents to celebrate the grand opening of CHAI-Fallstaff Apartments.
Located in the Fallstaff neighborhood of Baltimore City, CHAI-Fallstaff Apartments is a 16-unit apartment building for limited income and market rate families. CHAI has undertaken the rehabilitation of an existing three story, garden style, walk up residential apartment building, which was built in the 1950s as a market rate apartment complex.
The result of the rehabilitation project is the conversion from a market rate building to a primarily affordable family housing community. The renovations include new kitchens, bathroom components, flooring, painting, lighting, HVAC systems, new roof, new windows, new parking areas, and landscaping. The project consists of one, two and three bedroom units. The building is certified by Enterprise Green Communities and Baltimore City.
Baltimore City provided a $550,000 Community Development Bond Fund loan to support a portion of the hard construction costs of the 16 rental units, of which 14 will be affordable to families with incomes at or below 60% of the area median income and two will be market rate. The Housing Authority of Batlimore City intends to support the project by providing Project Based Section 8 subsidies in the form of Project Based Housing Choice Vouchers (PBV) for four units for a minimum of 15 years.