{"id":7678,"date":"2015-05-26T15:28:01","date_gmt":"2015-05-26T19:28:01","guid":{"rendered":"http:\/\/blog.mdhousing.org\/?p=7678"},"modified":"2016-01-23T20:08:43","modified_gmt":"2016-01-24T01:08:43","slug":"governor-hogan-announces-homeownership-initiative-for-veterans-and-military-families","status":"publish","type":"post","link":"https:\/\/news.maryland.gov\/dhcd\/2015\/05\/26\/governor-hogan-announces-homeownership-initiative-for-veterans-and-military-families\/","title":{"rendered":"Governor Hogan Announces Homeownership Initiative for Veterans and Military Families"},"content":{"rendered":"
\"DHCD<\/a>

Veterans and military families looking to purchase a home in one of Maryland’s Sustainable Communities may qualify for special Maryland Mortgage Program rates and significant down payment assistance\u00a0through the “You’ve Earned It!” initiative.<\/p><\/div>\n

ANNAPOLIS, MD \u2013 <\/strong>On Memorial Day, Governor Larry Hogan and Secretary Kenneth Holt announced a $20 million initiative that will give a significant boost to veterans and military families who are looking to buy a home in one of Maryland\u2019s 86 Sustainable Communities. Read the release.<\/p>\n

The \u201cYou\u2019ve Earned It!\u201d initiative offers a 2.75 percent fixed-rate 30-year loan through the Maryland Mortgage Program and $10,000 in down payment assistance in the form of a zero interest deferred loan to active duty military, including members of the\u00a0military reserves and National Guard, and\u00a0\u00a0honorably discharged veterans and veterans with a disability. The first phase of \u201cYou\u2019ve Earned It!\u201d \u2013 aimed at qualified homebuyers with more than $25,000 in student loan debt \u2013 was announced May 4.<\/p>\n

The initiative is for a limited time until the $20 million allocation is exhausted.<\/p>\n

Maryland\u2019s Sustainable Communities program seeks to strengthen reinvestment and revitalization in the state\u2019s older communities through state, local and private sector partnerships. There is at least one designated Sustainable Community in each of Maryland\u2019s 23 counties and Baltimore City. A list of Maryland\u2019s Sustainable Communities can be found here.<\/a><\/p>\n

If you’d like to see whether a specific\u00a0property address is in a\u00a0sustainable community, view this\u00a0map.<\/a><\/p>\n

For more\u00a0information about the Maryland Mortgage Program, as well as other loan specials, participating lenders and homeownership counselors in your area, visit the Maryland Mortgage Program website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

ANNAPOLIS, MD \u2013 On Memorial Day, Governor Larry Hogan and Secretary Kenneth Holt announced a $20 million initiative that will give a significant boost to veterans and military families who are looking to buy a home in one of Maryland\u2019s 86 Sustainable Communities. Read the release. The \u201cYou\u2019ve Earned It!\u201d initiative offers a 2.75 percent  Read the Rest…<\/a><\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[16,23],"tags":[],"class_list":["post-7678","post","type-post","status-publish","format-standard","hentry","category-homeownership","category-maryland-mortgage-program"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/7678","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\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/comments?post=7678"}],"version-history":[{"count":2,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/7678\/revisions"}],"predecessor-version":[{"id":8494,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/posts\/7678\/revisions\/8494"}],"wp:attachment":[{"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/media?parent=7678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/categories?post=7678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.maryland.gov\/dhcd\/wp-json\/wp\/v2\/tags?post=7678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}