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Department of Housing and Community Development

Archive for December, 2021

Hogan Administration Announces Nearly $1.6M for Operating Assistance Grants, including Main Street Improvement Awards

Funding will help Maryland’s local governments, Main Streets and nonprofit organizations build capacity to achieve their community revitalization and economic development goals New Carrollton, Md. (December 22, 2021) – Maryland Department of Housing and Community Development Secretary Kenneth C. Holt announced today that $1,580,000 has been awarded for 62 projects in 20 jurisdictions as part  Read the Rest…

Update: Governor Hogan Announces $4 Million Available For Tropical Depression Ida Relief – Assistance now available as grants instead of loans

On October 15, 2021, Governor Larry Hogan directed the Maryland Department of Housing and Community Development to make up to $4 million available for programs that can assist businesses and residents with home repair, short-term rental assistance, and business loans to assist residents and businesses affected by Tropical Depression Ida. The department’s programs are now  Read the Rest…

Hogan Administration Announces $27 Million Local Government Infrastructure Financing Program Bond Issuance

New Carrollton, Md. (December 21, 2021) – Maryland Department of Housing and Community Development Secretary Kenneth C. Holt announced today that the department has closed on a $27 million bond issuance through the Local Government Infrastructure Financing program. The funding will be used to assist small governments with community improvements and refinancing of existing public  Read the Rest…

Governor Hogan Announces $10.8 Million in Project Restore Awards to 144 Businesses

Will Provide Financial Incentives For Taking Over Vacant Retail and Commercial Space to Revitalize Downtowns, Main Streets Rental Subsidies Of Up To $2,500 Per Month, Business Operations Grants Of Up To $250,000 Per Year ANNAPOLIS, MD (December 20, 2021) – Governor Larry Hogan today announced the first round of awardees for Project Restore, a $25  Read the Rest…

Hogan Administration Announces More than $7 Million in Community Development Block Grant Awards

New Carrollton, Md. (December 16, 2021) – Maryland Department of Housing and Community Development Secretary Kenneth C. Holt today announced that $7 million will be awarded through the Community Development Block Grant program. The funding will support 17 projects in 11 counties, including improvements to infrastructure and community facilities and programs serving seniors, persons with  Read the Rest…

Maryland Department of Housing and Community Development Issues First Social Bonds in Agency’s History

Will support homebuying opportunities for low- and moderate-income Marylanders NEW CARROLLTON, Md. (December 14, 2021) – Maryland Department of Housing and Community Development Secretary Kenneth C. Holt announced the issuance of the first ever ‘Social Bonds’ to be sold by the department. The department’s bond-issuing entity, the Community Development Administration, issued over $251.7 million in  Read the Rest…

Governor Hogan Announces Nearly $63 Million For State Revitalization Program Awards

Will Support 214 Projects and Activities Across the State, Including Ongoing Redevelopment of Lexington Market, Waterfront Development in Cambridge, Maryland Technology Center in Indian Head, Affordable Homes in Downtown Frederick ANNAPOLIS, MD—Governor Larry Hogan today announced new awardees for six state revitalization programs administered by the Maryland Department of Housing and Community Development (DHCD). Nearly  Read the Rest…

Maryland Department of Housing and Community Development Announces $178.1 Million in Emergency Rental Assistance Funding Provided For Tenants and Landlords Affected By COVID-19 Pandemic

Program continues to meet all federal spending goalsAll rental assistance programs statewide open and accepting applications New Carrollton, Md. (December 1, 2021)—The Maryland Department of Housing and Community Development today announced the Emergency Rental Assistance Program has approved $178.1 million to assist nearly 28,000 renter households affected by the COVID-19 pandemic as of October 31.  Read the Rest…