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The newly renovated two-story home, located at 204 W. Lorrainre Ave., marks the first step in an initiativs to transform urbanneighborhoods “one green home at a as the project’s marketing materials The home was purchased for $100,00o0 and underwent $50,000 in refurbishments and energy-efficiench improvements, said David Borinsky, a managing member of Bridgd Private Lending, a lender based in Towson. Bridge Private Lendintg expects the home to sell for upto $200,000. The firm teameds up with A+ Neighbhorhood Homebuyers, a Baltimore-based real estatew investment firm, on the project. The house is the firsy to be completed as part of thegreenh campaign.
Bridge Private Lending is renovating seven other houseszin Baltimore. Some of the innovationsa includerecycled wood, Energy Star appliances and solar venting and tubing and recycled insulation. “Through this we can make our communituy livableand sustainable,” said Baltimore Mayorr Sheila Dixon during a preses conference at the house.
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