Baltimore County to receive over $500,000 in state revitalization program awards

ANNAPOLIS, MD—Governor Larry Hogan has announced new awardees for six state revitalization programs administered by the Maryland Department of Housing and Community Development (DHCD). Nearly $72 million was awarded to 224 projects and activities that promote community development and economic growth. Counties and jurisdictions across the state received awards through one or more of the six programs. “The partnerships that […]

Governor Hogan announces new application round for Opportunity Zone microgrant funding

ANNAPOLIS, MD—Governor Larry Hogan on Monday announced that the third application round of Opportunity Zone Microgrant Funding will open on Tuesday, October 4, allowing eligible small businesses seeking to expand within designated Opportunity Zones to apply for microgrants ranging from $50,000 to $100,000. The Opportunity Zone Microgrants will be distributed through the Neighborhood BusinessWorks program administered by the Maryland Department […]

Re-Fund The Police: Governor Hogan announces applications now open for additional community safety grants

ANNAPOLIS, MD—Governor Larry Hogan this week announced that applications are now being accepted for the state’s second round of grant funding for the Community Safety Works program. Administered by the Maryland Department of Housing and Community Development (DHCD) as part of the governor’s Re-Fund The Police Initiative, Community Safety Works offers up to $10 million in funding for the implementation […]

Governor Hogan announces nearly $32 million in affordable rental housing awards

ANNAPOLIS, MD—Governor Larry Hogan this week announced nearly $32 million in project awards through the Maryland Department of Housing and Community Development’s (DHCD) 2022 application round for federal Low Income Housing Tax Credits (LIHTC) and state Rental Housing Funds. Funds have been awarded to 12 projects as part of the competitive round. Nine additional noncompetitive awards were made through the […]

Governor Hogan announces Maryland’s State Small Business Credit Initiative programs now open

ANNAPOLIS, MD—Governor Larry Hogan this week announced Maryland programs funded by the State Small Business Credit Initiative (SSBCI) are open. Up to $198 million in federal small business relief is being administered by three state agencies: the Maryland Department of Housing and Community Development (DHCD), the Maryland Department of Commerce, and the Maryland Technology Development Corporation (TEDCO). These agencies will […]

Governor Hogan announces expansion of SmartBuy initiative to help more Maryland homebuyers

ANNAPOLIS, MD—Governor Larry Hogan this week announced that the Maryland Department of Housing and Community Development (DHCD) has expanded the state’s landmark SmartBuy initiative to address rising housing market prices. To help manage purchase costs, homebuyers can now eliminate up to $50,000 in student loan debt—up from $30,000. The program has also added an additional down payment and closing cost […]

Governor Hogan submits $1.08 billion supplemental budget focused on rental assistance, higher education, transportation

ANNAPOLIS, MD—Governor Larry Hogan on Wednesday submitted a $1.08 billion supplemental budget for Fiscal Year 2022 that expands critical rental assistance programs, restores key funding for transportation infrastructure projects, and increases funding for minority-serving colleges and universities. Rental Assistance Based on the recommendations of a bipartisan advisory group, the supplemental budget allocates federal emergency rental assistance of $258 million, including: […]

Governor Hogan announces open enrollment for Assisted Housing Relief Program

ANNAPOLIS, MD—Governor Larry Hogan on Friday announced open enrollment for the Maryland Department of Housing and Community Development’s (DHCD) Assisted Housing Relief Program, which will provide a four-month rent rebate voucher for renters living in DHCD-financed properties who have been affected by the COVID-19 pandemic. “One of the first actions I took in response to this unprecedented crisis was prohibiting […]