Community Development Administration Archives

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Governor Moore announces record-setting housing bond to support affordable, sustainable homeownership for first-time homebuyers

Posted on November 29, 2023 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore on Wednesday announced that the Maryland Department of Housing and Community Development issued the largest mortgage revenue bond in the agency’s history. The $400 million bond from the department’s Community Development Administration through the Residential Revenue Bond program generated tax-exempt and taxable bond proceeds that may be used to finance affordable, sustainable mortgage loans to first-time […]

Baltimore County to receive nearly $50 million in additional emergency rental assistance

Posted on May 17, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Monday announced an additional $192.9 million in funding has been awarded to local governments and service providers through the Emergency Rental Assistance Program. These federal funds will support local Maryland Eviction Prevention Partnership initiatives that assist tenants whose ability to pay rent has been impacted by the COVID-19 pandemic. The governor also announced that the […]

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

Posted on March 17, 2021 by Chris Montcalmo

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: […]

Maryland to receive $402 million through federal emergency rental assistance program

Posted on January 14, 2021 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Thursday announced that the State of Maryland is eligible for an estimated $402,439,000 in federal rental assistance made available through the Consolidated Appropriations Act. The state officially filed its application to the U.S. Treasury Department on January 8, ahead of the January 12 deadline. The majority of the funding will be administered by the Maryland […]

Governor Hogan announces open enrollment for Assisted Housing Relief Program

Posted on July 24, 2020 by Chris Montcalmo

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 […]

Governor Hogan announces $30 million in funding for eviction prevention assistance

Posted on June 26, 2020 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan on Friday announced the commitment of $30 million in new funding to prevent evictions and help Marylanders affected by the COVID-19 pandemic. “Too many Marylanders have faced undue financial hardships during this unprecedented crisis, including the inability to pay their rent,” said Governor Hogan. “While our eviction moratorium has helped families remain in safe and stable […]

Tag: Community Development Administration