Bowser Administration Issues Financing Through Oramenta Newsome Predevelopment Loan Program for Affordable Housing in Wards 5, 7, and 8
Date Released:
Fri, 10/16/2020
(Washington, DC) – The Bowser Administration, through the Department of Housing and Community Development (DHCD), has closed several loans from the Oramenta Newsome Predevelopment Loan Program, which offers nonprofit developers and housing cooperatives access to capital for predevelopment costs, for three affordable housing projects in Wards 5, 7, and 8.
