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Monthly Archives: June 2010
Governor O’Malley Tells Maryland Municipal League That Creating Jobs Protects the Home
JUNE 29 Ocean City, MD – Governor O’Malley told the Maryland Municipal League that the best way to protect homeownership is to preserve and protect jobs. “We know that the most powerful place in our state is a family’s home … Continue reading
Congresswoman Edwards Hosts First of Two Foreclosure Prevention Workshops in Washington Suburbs
JUNE 26 Silver Spring, MD – Distressed homeowners from throughout the Washington metropolitan region met face-to-face with counselors, pro bono attorneys and lenders in the first of two foreclosure prevention workshops sponsored this summer by Fourth District Congresswoman Donna Edwards. … Continue reading
Posted in Foreclosure Prevention
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Construction Begins on Affordable Homes in Baltimore’s Barclay Community, Made Possible Through Recovery Act
JUNE 26 Baltimore – Construction has begun on 72 affordable homes for working families in the Barclay Greenmount neighborhood of west Baltimore, a project made possible through an American Recovery and Reinvestment Act program that funds capital improvements in affordable … Continue reading
Posted in Affordable Housing, Stimulus Funds
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Report: Mortgage Rates Fall to Lowest Level on Record as Unemployment, Lending Market Dampen Home Sales
JUNE 24 Washington – The nation’s housing market remained fragile as both mortgage interest rates and new home sales sank to the lowest levels on record, the Associated Press is reporting. With more and more workers still concerned about their … Continue reading
Posted in First-Time Homebuyers, Homeownership
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Maryland Announces Over $18 Million in Funding Awards for Affordable Family Rental Housing Developments
Crownsville, MD – Secretary Skinner announced the results of the Maryland Department of Housing and Community Development’s Spring 2010 competitive round for Federal Low-Income Housing Tax Credits and Rental Housing Funds for multifamily rental projects throughout the state. Developers of … Continue reading
Silver Spring Woman Gets “Permanent and Affordable Loan Modification” From MDHOPE Partner
JUNE 21 Silver Spring, MD – “Dear Secretary Skinner,” wrote the Silver Spring woman on June 15. “I am writing to express my appreciation and thank you for your concern and actions on behalf of Maryland homeowners facing foreclosures on … Continue reading
Posted in Foreclosure Prevention
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Distressed Homeowners Get Counseling, Assistance, at Cong. Cummings’ Fourth Foreclosure Prevention Workshop
JUNE 19 Woodlawn, MD – Nearly 1,000 distressed homeowners met face to face with counselors, lenders and pro bono attorneys at the fourth foreclosure prevention workshop hosted by Seventh District Congressman Elijah Cummings. “These workshops are unique in that we … Continue reading
Posted in Foreclosure Prevention
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Minority Households Shouldering Disproportionate Share of Foreclosure Crisis, Study Finds
JUNE 18 Washington – The Center for Responsible Lending has found that black and Latino borrowers were more than 70 percent more likely than whites to lose their homes to foreclosure during the current foreclosure crisis, The Washington Post is … Continue reading
Recovery Act is Helping Jump-start the Economy, Secretary Skinner Tells Business Leaders at Ballard Spahr Breakfast
JUNE 17 Baltimore – Secretary Skinner told many of the region’s top business executives and real estate attorneys that the Recovery Act is helping to jump-start Maryland’s economy by jump-starting the housing market. “Housing is economic development,” the secretary said, … Continue reading
Governor Announces Plan to Move Department of Housing and Community Development HQ to Prince George’s County
JUNE 18 Temple Hills, MD – Governor O’Malley, joined by Lt. Governor Brown and Secretary Skinner, announced plans to move the Department of Housing and Community Development to an as yet undetermined location in Prince George’s County, marking a milestone … Continue reading