{"id":13182,"date":"2025-11-19T12:19:18","date_gmt":"2025-11-19T17:19:18","guid":{"rendered":"https:\/\/news.maryland.gov\/dhcd\/?p=13182"},"modified":"2025-11-19T12:19:20","modified_gmt":"2025-11-19T17:19:20","slug":"public-notice-bonds-for-single-family-mortgage-loans","status":"publish","type":"post","link":"https:\/\/news.maryland.gov\/dhcd\/2025\/11\/19\/public-notice-bonds-for-single-family-mortgage-loans\/","title":{"rendered":"Public Notice: Bonds for Single-Family Mortgage Loans"},"content":{"rendered":"\n<h2>Exhibit I (A): Notice of Public Hearing Concerning Issuance of Bonds or Other Obligations to Finance Single Family Mortgage Loans<\/h2>\n<p><span style=\"font-weight: 400\">The Community Development Administration (the \u201cAdministration\u201d), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development (DHCD), will conduct a public hearing.\u00a0<\/span><\/p>\n<h3>Hearing Details:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><b>Date: <\/b><span style=\"font-weight: 400\">Wednesday, December 3, 2025<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Time:<\/b><span style=\"font-weight: 400\"> 10:30 a.m.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Location:<\/b><span style=\"font-weight: 400\"> Virtual Conference Call<\/span>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Toll-Free Number: 1-800-201-9352<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Access Code: 373245<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><strong>Purpose of the Hearing<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">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 \u201cqualified mortgage bonds\u201d 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).<\/span><\/p>\n<p><span style=\"font-weight: 400\">The funds made available from the issuance of these bonds and\/or notes will:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">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<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Refund bonds previously issued for such purpose.\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">The Administration may issue these bonds in one or more series at various times during the calendar years 2026-2028.<\/span><\/p>\n<h3>For More Information<\/h3>\n<p><span style=\"font-weight: 400\">Additional information relating to the bonds to be issued is available by contacting:<br \/><\/span><span style=\"font-weight: 400\">Patrice Smith at <\/span><a href=\"mailto:patrice.smith@maryland.gov\"><span style=\"font-weight: 400\">patrice.smith@maryland.gov<\/span><\/a><\/p>\n<h3><strong>Commenting or Participating<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Written comments or notice of intent to present oral comments<\/b><span style=\"font-weight: 400\"> should be received on or before Wednesday, November 26, 2025.<br \/><br \/><\/span><\/li>\n<li style=\"font-weight: 400\"><b>Send comments and\/or notices to:<\/b><span style=\"font-weight: 400\"><br \/><\/span> <b>Patrice Smith<\/b><span style=\"font-weight: 400\"><br \/><\/span><span style=\"font-weight: 400\"> Single Family Housing, Community Development Administration<\/span><span style=\"font-weight: 400\"><br \/><\/span> <a href=\"mailto:patrice.smith@maryland.gov\"><span style=\"font-weight: 400\">patrice.smith@maryland.gov<\/span><span style=\"font-weight: 400\"><br \/><br \/><\/span><\/a><\/li>\n<\/ul>\n<p><b>Note: <\/b><span style=\"font-weight: 400\">Oral comments at the hearing will be limited to presentations of no more than five (5) minutes per person.<\/span><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>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 \u201cAdministration\u201d), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development (DHCD), will conduct a public hearing.\u00a0 Hearing Details: Date: Wednesday, December 3,<a href=\"https:\/\/news.maryland.gov\/dhcd\/2025\/11\/19\/public-notice-bonds-for-single-family-mortgage-loans\/\">&nbsp;&nbsp;Read the Rest&#8230;<\/a><\/p>\n","protected":false},"author":268,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[163,1],"tags":[],"class_list":["post-13182","post","type-post","status-publish","format-standard","hentry","category-legal-notices","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/13182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/users\/268"}],"replies":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/comments?post=13182"}],"version-history":[{"count":5,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/13182\/revisions"}],"predecessor-version":[{"id":13187,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/13182\/revisions\/13187"}],"wp:attachment":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/media?parent=13182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/categories?post=13182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/tags?post=13182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}