The Mayflower Apartments in the Pen Lucy neighborhood of East Baltimore will receive $1 million in improvements thanks to the Baltimore Community Foundation (BCF) and the national nonprofit Community Solutions.
The loan is to provide housing resources to people transitioning from houselessness and those in need of affordable housing, including veterans.
Community Solutions has a “Large Cities Housing Fund,” which is a social-impact private equity fund whose goal is to address the nation’s housing gap. Based in New York City, the nonprofit has partnered with Baltimore; Charlotte, North Carolina; Denver; Jacksonville, Florida; Nashville, Tennessee; and Phoenix via its “Large City Housing Fund”, which just reached $135 million since launching in 2022.
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