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- Hogan Administration Announces $700,000 Community Development Block Grant to Allegany County; Matching $750,000 Federal Hazard Mitigation Grant
- Hogan Administration Announces First State Housing Finance Bond Rating Upgrade in 40 Years
- Video Release: Governor Hogan Celebrates Groundbreaking for Lexington Market Redevelopment
- Governor Hogan Announces Record Milestone of $1 Billion in Mortgages Through Maryland Mortgage Program in 2019
- Maryland Department of Housing and Community Development Releases Fiscal Year 2019 Annual Report
Secretary Holt: Creating Affordable Rental Housing Across the State is a Win for Maryland Families
The secretary said programs such as Rental Housing Works provide invaluable financial resources for increasing the supply of affordable rental housing in Maryland.
Maryland Housing Day is an annual event sponsored by the Maryland Affordable Housing Coalition to remind lawmakers of the importance of affordable housing to the state’s economy. Members of the coalition include developers, contractors, lenders, investors, architects, engineers and property managers, as well as local governments, housing authorities and community organizations. The coalition is an alliance of more than 185 businesses and organizations involved in the affordable rental housing industry.
Secretary Holt remains committed to expanding housing and community development opportunities through programs such as the recently announced Project C.O.R.E. Project C.O.R.E.’s holistic approach will create even more opportunities for affordable rental housing and support economic recovery in Baltimore City, Secretary Holt said.
Speaking on the administration’s new student debt initiative, Secretary Holt described a unique plan to combine a potential home buyer’s student loan debt with their mortgage of a department-owned property, enabling monthly savings and increased accumulation of home equity.