Housing developer gets $116M for three projects

A large nonprofit affordable housing group has secured $116.4 million in financing to build and update 313 low-income unitsin Baltimore and Annapolis. Enterprise Community Development is aiming to break ground and launch overhauls of the units by the end of the year. The three projects will be in Annapolis and in the Irvington and Park Heights neighborhoods of Baltimore and plan to seek seniors, homeless veterans and families as tenants, said Janine Lind, president of Enterprise.