ANNAPOLIS, MD—The state of Maryland is launching the Maryland Council on Innovation and Impact as part of a broader plan to increase innovation, talent, and resources across sectors of the state’s economy. The council, established by executive order (PDF) in May 2023, will be responsible for identifying and strengthening cross-sector partnerships, and will work with philanthropic and social sector leaders […]
ANNAPOLIS, MD—Governor Wes Moore this week announced that the Maryland Department of Housing and Community Development will increase the number of households served by its EmPOWER Maryland energy efficiency program over the next three years. The approved plan is in response to new statewide household electric savings goals for limited-income households, established by the passage of HB169 during the 2023 […]
ANNAPOLIS, MD — Governor Wes Moore this month announced $63.7 million in Fiscal Year 2024 awards for seven state revitalization programs administered by the Maryland Department of Housing and Community Development. The awards to county and municipal governments, community development organizations, and other community institutions and partners will fund 219 projects and activities that directly support local revitalization goals. “To […]
ANNAPOLIS, MD—Governor Wes Moore this week announced the UPLIFT (Utilizing Progressive Lending Investments to Finance Transformation) program to increase homeownership opportunities, one of the most powerful drivers of the racial wealth gap, in chronically underinvested communities with a history of redlining. Administered through the Maryland Department of Housing and Community Development, the program will address homes impacted by appraisal gaps […]
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 […]
ANNAPOLIS, MD—Governor Wes Moore has announced the award of more than 133,000 laptops to 27 local governments and their partners for distribution to underserved households in communities across Maryland. The $27.2 million investment through the Office of Statewide Broadband’s Connected Devices Program is part of an effort to ensure Marylanders have the technology required to access reliable, high-speed internet. “These […]
ANNAPOLIS, MD—Governor Wes Moore on Monday announced $69 million in federal funding for two new programs to help more Marylanders access high-speed, affordable internet. Administered by the Maryland Department of Housing and Community Development’s Office of Statewide Broadband, the two programs, Home Stretch for Public Housing and Home Stretch for Difficult to Serve Properties, are expected to provide internet access […]
ANNAPOLIS, MD—Governor Wes Moore this week announced $4 million in grants to six jurisdictions for repairs that will enable nearly 300 homes to proceed with comprehensive energy efficiency retrofits. The funds will be deployed through a new pilot program that integrates the Maryland Department of Housing and Community Development’s energy efficiency programs and rehabilitation programs, providing the repairs necessary to […]