Annapolis housing authority puts together financing plan for Newtowne 20

The Housing Authority of the City of Annapolis announced last week a tentative financing plan for Newtowne 20 redevelopment after the authority failed to qualify for tax credits that would have paid for the bulk of the project. Through a patchwork of bond funding, tax credits, grants, state and federal programs, HACA will try to secure the money to move forward with demolishing and rebuilding the severely blighted public housing. Fifty-eight families live in Newtowne 20, where residents have complained of frequent plumbing, heating and mold issues. (Capital)

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