ANNAPOLIS, Md., June 20, 2016 /PRNewswire/ -- The Housing Opportunities Commission (HOC) of Montgomery County, Maryland has selected The Concourse Group as its development advisor for development of a mixed-income housing development in downtown Silver Spring, Maryland.
The project, consisting of 124 units, will be developed on a 1+/- acre site at 900 Thayer Ave. The site is within walking distance from the downtown office market, 1.5 blocks from Whole Foods Market, and 4 blocks from the Silver Spring red line Metrorail station.
The project was made possible through HUD's RAD conversion program and a combination of funding sources.
Tom Shea, a senior Concourse official, said, "Concourse is pleased to work on this important urban in-fill project that will add quality housing to the market at affordable prices in accordance with HOC's mission."
About The Concourse Group
The Concourse Group, headquartered in Annapolis, Maryland, was founded in 2001 and provides consulting support in real estate finance, development, privatization, planning, and economics. The firm provides end-to-end real property consulting throughout the entire property lifecycle to optimize its client's portfolio. Concourse represents multiple Housing Authorities in the DC area, and across the country.
For More Information Contact:
Tom Shea, Principal
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SOURCE The Concourse Group, LLC