Skip to Content Accessibility Information

Department of Housing and Community Development

Archive for May, 2015

Rapid Response: DHCD’s Small Business Lending Team Makes First Award to Baltimore Small Business

BALTIMORE – A few short weeks after civil unrest rocked Baltimore neighborhoods, DHCD has awarded the first of several loans to help  small businesses in the area get back on their feet, Governor Larry Hogan and Secretary Kenneth Holt announced. The first loan is through the state’s Neighborhood BusinessWorks program and was awarded less than two weeks after the  Read the Rest…

Maryland Commits First Loan to Help a Baltimore Small Business Rebuild After Civil Unrest

ANNAPOLIS, MD – Governor Larry Hogan and Secretary Kenneth Holt today announced that the first loan has been committed to a small business in Baltimore City affected by the civil unrest last month.  The loan from the Maryland Department of Housing and Community Development is through the state’s Neighborhood BusinessWorks program and was awarded less than  Read the Rest…

Governor Hogan Announces Homeownership Initiative for Veterans and Military Families

ANNAPOLIS, MD – On Memorial Day, Governor Larry Hogan and Secretary Kenneth Holt announced a $20 million initiative that will give a significant boost to veterans and military families who are looking to buy a home in one of Maryland’s 86 Sustainable Communities. Read the release. The “You’ve Earned It!” initiative offers a 2.75 percent  Read the Rest…

Governor Larry Hogan and Secretary Holt Announce Second Phase of “You’ve Earned It!” Initiative for Veterans and Military Families

Offers Special Rate, Down-Payment Assistance to Promote Home Buying ANNAPOLIS, MD – Governor Larry Hogan and Secretary Kenneth Holt today announced a $20 million initiative that will give a boost to veterans and military families who are looking to buy a home in one of Maryland’s 86 Sustainable Communities. The “You’ve Earned It!” initiative for  Read the Rest…

MD Adds 4 New Sustainable Communities, Including the Hometown of Baseball Great Jimmie Foxx

New Carrollton, MD – The historic town of Sudlersville, birthplace of baseball Hall of Famer Jimmie Foxx, this month became one of four new sustainable communities in Maryland, joining the initiative to strengthen reinvestment and revitalize traditional neighborhoods throughout the state. Greater Riverdale, Perryville and Hurlock also became sustainable communities, bringing the statewide total to  Read the Rest…

DHCD Secretary Holt to MD Bankers: Expanding Our Lending Portfolio Expands YOUR Lending Portfolio

Annapolis, MD – Governor Larry Hogan and Secretary Kenneth Holt this week announced a $20 million initiative aimed at members of the Millennial Generation that will give a boost to otherwise qualified buyers who have been unable to move into homeownership because of significant student debt. Through the “You’ve Earned It!” initiative, the Maryland Mortgage Program is  Read the Rest…

Governor Hogan Launches Loan Program to Help Baltimore’s Small Businesses Recover and Rebuild

 DHCD’s Small Business Lending Team Reaches Out to Hispanic and Korean Business Owners   Columbia, MD – Members of DHCD’s small business lending team met with Korean and Hispanic business and community leaders Tuesday to acquaint them with the Maryland Business Recovery Loan program, Governor Hogan’s initiative to help Baltimore businesses hurt by the recent civil  Read the Rest…

Governor Hogan Launches Baltimore Business Recovery Program to Help the City’s Small Businesses Recover, Rebuild and Grow

DHCD’s Small Business Lending Team Provides Micro Loans Up to $35,000, Cuts Red Tape, Reaches Out to Hispanic and Korean Business Owners ANNAPOLIS, MD – Governor Hogan has activated the resources of state government to ensure that Baltimore comes back better and stronger than ever from the disturbing events of the past week. “I have  Read the Rest…

New Initiative Offers Special Rate, Down Payment Assistance, to Help Home Buyers Saddled with Student Loan Debt

ROCKVILLE, MD – Governor Larry Hogan today announced a $20 million initiative that will give a boost to otherwise qualified buyers who have been unable to move into homeownership because of significant student debt. Through the “You’ve Earned It!” initiative, the Maryland Mortgage Program is offering a 2.75 percent fixed rate, 30-year mortgage and $10,000  Read the Rest…