By 2023, the building was up and the loan had been repaid. All 268 units are occupied and a third are rented at rates tailored to low-income tenants. The HOC is the permanent owner of those homes. It worked so well that Montgomery's HOC is on track to build *3,000* more public homes this way:
https://www.nytimes.com/2023/08/25/business/affordable-housing-montgomery-county.html
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