Skip to Content Accessibility Information

Department of Housing and Community Development

Maryland Mortgage Program Reaches All Maryland Jurisdictions for First Time


MMP helping families find homes across state.

New Carrollton, MD – Governor Larry Hogan announced today that for the first time since the creation of the Maryland Mortgage Program (MMP) in 1977, the state finished a fiscal year helping families obtain a home in all 24 of the state’s jurisdictions.

Administered by the Maryland Department of Housing and Community Development (DHCD), the program has been widely accessed throughout Central Maryland, and has been active on the Eastern Shore, and in the D.C. Metro area and Southern Maryland.

However, MMP had never purchased a mortgage in each of the state’s 23 counties and Baltimore City— that is, until the state closed the books on Fiscal Year 2015.

“I want every corner of Maryland to know that state government is working for them,” Governor Larry Hogan said. “For the first time in the program’s history, MMP will now be well-established from Southern Maryland to the Eastern Shore, and all the way to Western Maryland. A healthy housing market is key to a healthy economy. By helping more families in more places purchase a home, we are changing Maryland for the better.”

Offering loans at competitive rates, the Maryland Mortgage Program supplied 2,348 mortgages valued at more than $444 million in Fiscal Year 2015. The program also offered 2,233 families down payment assistance, worth more than $13.5 million. MMP also provides Maryland homebuyers a federal tax credit of up to $2,000 for every year of the life of the mortgage.