Public Notice: Bonds for Single-Family Mortgage Loans
Exhibit I (A): Notice of Public Hearing Concerning Issuance of Bonds or Other Obligations to Finance Single Family Mortgage Loans
The Community Development Administration (the “Administration”), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development (DHCD), will conduct a public hearing.
Hearing Details:
- Date: Wednesday, December 3, 2025
- Time: 10:30 a.m.
- Location: Virtual Conference Call
- Toll-Free Number: 1-800-201-9352
- Access Code: 373245
Purpose of the Hearing
The hearing is concerning a plan of financing for the issuance of additional Single Family Program bonds and notes to make funds available to finance the acquisition of Single Family Program loans for calendar years 2026-2028. Such bonds and/or notes are intended to be “qualified mortgage bonds” under section 143 of the Internal Revenue Code of 1986, as amended. The amount of these bonds and/or notes will not exceed $2,400,000,000 (two billion, four hundred million dollars).
The funds made available from the issuance of these bonds and/or notes will:
- Provide financing for single family residences in the State of Maryland, occupied principally by first-time homebuyers who meet income limits established by the Administration and satisfy certain other criteria; or
- Refund bonds previously issued for such purpose.
The Administration may issue these bonds in one or more series at various times during the calendar years 2026-2028.
For More Information
Additional information relating to the bonds to be issued is available by contacting:
Patrice Smith at [email protected]
Commenting or Participating
All interested parties are invited to submit written comments and/or present oral comments at the public hearing regarding the issuance of bonds for single-family mortgages.
- Written comments or notice of intent to present oral comments should be received on or before Wednesday, November 26, 2025.
- Send comments and/or notices to:
Patrice Smith
Single Family Housing, Community Development Administration
[email protected]
Note: Oral comments at the hearing will be limited to presentations of no more than five (5) minutes per person.