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Monthly Archives: June 2012
Bloomberg: Housing Finance Agencies Such as DHCD Are Helping Fuel Recovery of National Housing Market
JUNE 28 State housing finance agencies such as DHCD are helping fuel the recovery of the nation’s housing market through programs such as Maryland’s Downpayment and Settlement Expense Loan Program, Bloomberg News is reporting. States are helping qualified homebuyers by … Continue reading
Report: Housing Finance Agencies Have Put Recovery Act’s Tax Credit Assistance Program to Work
JUNE 26 ANNAPOLIS, MD- The Government Accountability Office issued this report last week examining the nation’s Housing Finance Agencies’ use of the Tax Credit Assistant Program funds. According to The National Council of State and Housing Agencies’ assessment of the … Continue reading
Posted in Housing Finance
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Construction Begins on Foxtail Crossing II in Cambridge, First Under Weinberg Foundation Partnerships
JUNE 26 Cambridge, MD – Construction has begun on the Foxtail Crossing II development in Cambridge, the first of the Harry and Jeanette Weinberg partnership properties providing affordable housing to low income households with disabilities to get under way. Foxtail Crossing … Continue reading
Washington Post: Rep. Cummings Becoming an Outspoken Voice for Distressed Homeowners
JUNE 26 Baltimore – Maryland Congressman Elijah Cummings has become one of Capitol Hill’s most outspoken lawmakers on behalf of families facing foreclosure, reports the Washington Post in Monday’s editions. Read the story. “In recent years, Cummings has dedicated a … Continue reading
Weatherization, Other DHCD Programs, a Big Part of Proposals Now Before the Maryland Public Service Commission
JUNE 18 ANNAPOLIS, MD – DHCD would be the lead agency in the implementation of five of the nine proposals that Maryland submitted to the Public Service Commission on Friday for utilizing the $113.5 million Customer Investment Fund. See the … Continue reading
Maryland Ranks Among National Leaders in Foreclosure Prevention Counseling, Study Finds
JUNE 15 In just over four years, the National Foreclosure Mitigation Counseling program has served more than 1.3 million at-risk homeowners across the country and helped to build the nation’s foreclosure counseling capacity, according to the program’s update to Congress. … Continue reading
Posted in Foreclosure Prevention
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Grand Opening Celebrates Renovation of Affordable Rental Housing in Baltimore’s Franklin Square Community
JUNE 14 Baltimore – Federal stimulus funds helped Maryland finance 28 affordable rental projects in recent years – including six in Baltimore - putting more than $400 million into the economy and creating 1,600 jobs, Secretary Skinner said during the grand opening of … Continue reading
Posted in Affordable Housing
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Report Finds Reason for Cautious Optimism that National Housing Market May be Starting to Recover
JUNE 14 Washington – This could be the year the national housing market finally begins to recover, according to Harvard University’s Joint Center for Housing Studies’ annual State of the Nation’s Housing report. The cautiously optimistic report pointed to increased multifamily … Continue reading
Posted in Affordable Housing, Homeownership
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Family Celebrates Winning Their First Home During Upbeat Prince George’s County Housing Fair as Optimism Grows
JUNE 9 Lanham, MD – It was all shrieks and hugs and jumping for joy at the Prince George’s County Housing Fair Saturday when a D.C. family won the lottery for a four-bedroom, two bathroom home. Derek and Tuconya Slocum were … Continue reading
State Leaders Celebrate Grand Opening of Union Mill, a “Model Neighborhood Revitalization Project” in Baltimore
JUNE 7 Baltimore – Secretary Skinner on Thursday joined Governor O’Malley and Baltimore Mayor Stephanie Rawlings-Blake for the grand opening of Union Mill, the 19th century building on the banks of the Jones Falls that has become home for young teachers … Continue reading
