Creating Homeowners, Preserving Neighborhoods in Maryland

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DHCD’s Main Street Maryland Program Wins Preservation Maryland’s Stewardship Award


Preservation-Maryland-Stewardship-AwardBaltimore – DHCD’s ongoing efforts to preserve and revitalize the state’s traditional downtown districts have been recognized by Preservation Maryland, the oldest and largest historic preservation organization.

DHCD’s Main Street Maryland program received Preservation Maryland’s Stewardship Award for demonstrating “outstanding achievement in the ongoing preservation and stewardship of historic properties in Maryland.”

The award was presented on Oct. 14 during Preservation Maryland’s annual awards ceremony.

Main Street Maryland strives to strengthen the economic potential of Maryland’s traditional main streets and neighborhoods. Since 1998, the program

In the past 16 years, Main Street Maryland has designated historic downtown commercial areas in 26 communities in 16 counties. When the program began in 1998, the original five Main Street Maryland communities reported 36 business openings, 398 new jobs and $6.1 million in private investments. Since then, the program has helped communities across the state increase investment in downtown historic districts with more than 2,700 private project improvements totaling nearly $214 million in investment. In addition, Main Street Maryland has seen almost 2,000 new businesses open, generating more than 7,300 new jobs in historic downtowns across the state.


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DHCD’s Successful Outreach to College Campuses Receives National Recognition for Management Innovation

DHCD Chief of Staff Asuntha Chiang-Smith with Amy Comerstack of human resources at the NCSHA annual conference in Boston.

Boston – DHCD’s partnership with a number of area colleges and universities, including the University of Maryland College Park and Bowie State University, received national recognition for management innovation in human resources during the annual conference of the National Council for State Housing Agencies.

DHCD was recognized by its peer housing finance agencies for its success in reaching out to area campuses to expand the range of students applying for internships. Crucial to that success was engaging faculty and staff to help the agency reshape its brand.

Previously perceived as “just another state agency” that recruited liberal arts majors, DHCD worked to help faculty, staff and students better understand its role as a state FINANCE entity that conducts bond financing, single and multi-family housing finance and finances community revitalization. Enlarging its brand helped the agency reach out to talented students in business, architecture and planning schools. The agency paid particular attention to campuses in Prince George’s County, where it will be relocating its headquarters early next year.



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Demographics Helping Drive Growing Demand for Affordable Rental Housing

Housing-Special-ReportCrownsville, MD – Led by the Millennial Generation, an increasing number of Maryland households are putting off homeownership and choosing to rent, according to a special report on affordable rental housing published Friday by the Maryland Department of Housing and Community Development.

Maryland Housing is a new quarterly publication of DHCD’s Office of Research and Statistical Analysis and the Office of Communications and Marketing. It can be found in the Friday 17 editions of the Baltimore Business Journal, the Washington Business Journal, the Daily Record and the Washington and Baltimore editions of the Afro-American Newspapers.

The detailed statistical analysis of the state’s housing market documents the factors driving up the demand for affordable rental housing and how the state has helped finance the record production of new and preserved affordable housing in response.

“Every Marylander, whether they own their home or rent, deserves the opportunity to live in places that are decent, safe and affordable,” said Governor O’Malley in a message in the publication.

The O’Malley-Brown administration’s balanced approach to housing includes expanding access to homeownership through programs such as the Maryland Mortgage Program, fighting to help financially beleaguered homeownerships save their homes through reform of the foreclosure process and financing one of the most aggressive building booms of affordable rental housing in the state’s history using federal low income housing tax credits and state resources such as the Rental Housing Works initiative.

“The Maryland Department of Housing and Community Development has over 80 affordable rental housing projects throughout the state in various stages of construction or underwriting,” said Acting Secretary Clarence Snuggs. “This is an unprecedented number – more than we have had in play at any time in DHCD history. Just as importantly, those projects will allow us to leverage many times that amount from federal and private sources, so that we will put nearly a billion dollars into the state’s economy.”

In addition to the local publications, Maryland Housing can be viewed by visiting DHCD’s website or by clicking here to download a PDF version.


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Echoing Orioles’ Postseason Motto, Baltimore and DHCD Vow “’We Won’t Stop!’ Building Barclay!”

OCT. 10

Barclay-10.3Baltimore – About 60 neighborhood residents, public officials and project partners gathered in the Barclay neighborhood to celebrate the latest phase of a transformative housing and revitalization initiative occurring there.

Phase 2 of Barclay/Midway/Old Goucher redevelopment consists of 69 affordable rental homes and a community center costing $17.8 million.
Acting Secretary Clarence Snuggs was a guest speaker for the community event and was joined by Housing Authority of Baltimore City Commissioner Paul Graziano as Master of Ceremonies.

The multi-million dollar redevelopment plan will transform the Barclay neighborhood by reclaiming older and/or vacant housing stock and creating safe and healthy housing opportunities and community and open spaces. Continue reading

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Regional Specials May Be Over but the Maryland Mortgage Program Remains a Very Special Deal


This summer’s regional specials helped spread the word about the Maryland Mortgage Program.  Beginning in May, DHCD rolled out a 0.25 percent discount on all of its products for homebuyers in Southern Maryland, the Eastern Shore and Western Maryland.

That schedule of discounts may have ended, but Maryland’s premiere homeownership program remains a pretty good – and special – deal.MMP_Logo_FINAL_ColorLogoForLightBG-(2)

The Maryland Mortgage Program works with an ever-expanding network of local and national lenders to make homeownership more accessible and attractive to middle class families. The O’Malley-Brown administration has helped more than 11,000 families realize their dream of homeownership through the Maryland Mortgage Program, totaling more than $2.1 billion.

The program has a lot to offer: competitive rates, significant downpayment assistance and an expanded array of loan products. The program is a particularly important option for first-time homebuyers who may have the income and credit history but not the cash in hand to qualify for a conventional loan. Veterans and active duty military can enjoy even greater savings through the Maryland Homefront program.

In June DHCD launched the Maryland HomeCredit program, giving eligible homebuyers (not just Maryland Mortgage Program buyers) the opportunity to sign up for a federal tax credit of up to $2,000 per year for the life of their mortgage.

Visit the Maryland Mortgage Program website for more information about current specials, downpayment assistance, homebuyer education and more!

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Maryland Housing Agencies Receive Grants to Help 92 Homeless Veterans Find Permanent Homes

hudseal_teal_1WASHINGTON – The U.S. Department of Housing and Urban Development and the U.S. Department of Veterans Affairs have announced more than $62 million to help more than 9,000 homeless veterans find permanent supportive housing, including assistance to 92 homeless veterans in Maryland. Learn more.

The rental assistance is provided through the HUD-Veterans Affairs Supportive Housing program, which combines rental assistance from HUD with case management and clinical services provided by the Veterans Administration.

Nationally, HUD is awarding $57 million to support 8,276 Tenant-Based Vouchers for rental units in the private market, and $5 million for 730 Project-Based Vouchers for existing units or new construction in specific developments.

In Maryland, the Housing Authority of Baltimore City received $485,463 to provide tenant-based vouchers for 55 veterans. The Harford County Housing Agency in Bel Air received $105,966 for 14 vouchers. The Baltimore County Housing Authority received $186,416 for 23 vouchers, HUD reported.

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Microenterprise Loan Program Awards $1 Million to Expand Opportunities for Smallest Business Owners

Microenterprise-Loan-Program-10.6Crownsville, MD – Two community-based microenterprise lenders received $500,000 loans through DHCD’s Microenterprise Loan Program to help create new opportunities for entrepreneurs in revitalizing communities throughout the state.

Maryland Capital Enterprises, Inc. and the Anne Arundel Economic Development Corporation will serve as intermediaries that originate and administer microenterprise loans. DHCD’s local partners understand their local economy and can provide micro-entrepreneurs with easier access to training and technical assistance. This new public-private partnership will provide better access to capital for establishing and sustaining micro-businesses. Continue reading

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Maryland Veterans Hear at Workshop That Small Business Success May Be In Their Future

More than two dozen veterans, many of them small business owners, shared their experiences Tuesday at "Small Business Success Starts Here," a forum presented by DHCD's Office of Fair Practices. The forum helped veterans learn about the resources available at DHCD and state agencies such as the Department of Business and Economic Development, that can help them start or expand their businesses.

CROWNSVILLE, MD – More than two dozen veterans, many of them already small business owners, shared their experiences Tuesday at “Small Business Success Starts Here,” a networking forum presented by DHCD’s Office of Fair Practices. The forum helped men and women who served our country learn about opportunities available through DHCD and state agencies such as the Department of Business and Economic Development. For example, DHCD’s Neighborhood BusinessWorks and MicroEnterprise Loan Programs help small business owners obtain access to the capital they need to start a business, or expand and grow.

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DHCD Workshops Show S. Maryland Residents That It’s Never Too Late to Buy or Save a Home

Tonya Ford was one of the many Southern Maryland residents who signed up for the homebuyer workshop and mortgage prevention counseling in Waldorf, Md. DHCD staff have been working with local partners all over the state to help homeowners preserve their investment and expand opportunities for new homebuyers through programs such as the Maryland Mortgage Program.

Tonya Ford was one of the many Southern Maryland residents who signed up for the homebuyer workshops and foreclosure prevention counseling in Waldorf, Md. DHCD staff have been working with local partners all over the state to help homeowners preserve their investment while expanding opportunities for new homebuyers through programs such as the Maryland Mortgage Program.


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