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Capital Bank Corporation
Bank offers $1.3 million for Md. affordable housing projects

The Federal Home Loan Bank of Atlanta has agreed to provide $1.3 million to fund affordable housing projects in Baltimore and Cecil County, Maryland's U.S. senators announced Wednesday. "As a senior member of the Senate Appropriations Committee, I have fought to put funds in the federal checkbook to develop affordable housing," Senator Barbara Mikulski said in a joint statement with Senator Ben Cardin. Developers will work with local member institutions of the Atlanta-based community development bank to construct or renovate 128 residential units, the senators said. In North East, Capital One Bank will be working with the Housing Initiative Partnership Inc. to construct New...

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