Maryland

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Maryland Department of Housing and Community Development (DHCD) is seeking proposals from qualified applicants to request an allocation of the Qualified Workforce Housing Tax Credit.

The State of Maryland Department of Housing and Community Development (DHCD) is seeking proposals from qualified applicants to request an allocation of Project-Based Veterans Affairs Supportive Housing Vouchers (VASH) from HUD.

The Maryland Department of Housing & Community Development (DHCD) set aside $40 million to relaunch the Assisted Housing Relief Program, which serves rental units in multifamily projects financed by DHCD’s Community Development Administration using State funds and other federal resources.

The Maryland Department of Housing and Community Development posted a list of Fall 2020 Competitive Fund Round applicants with a disclosure of all waivers granted to applicants and identification of projects, which received State Bonus Points along with a rationale for why these points were awarded.

The Maryland Department of Housing & Community Development (DHCD) is extending the Assisted Housing Relief Program (AHRP) to cover rent delinquencies through October. Applications will be accepted starting November 2, 2020. The application period will close on November 20, 2020.

The Maryland Department of Housing & Community Development (DHCD) is extending the Assisted Housing Relief Program (AHRP) to cover rent delinquencies through September. Applications will be accepted starting September 21 and close on September 30, 2020.

The Maryland Department of Housing and Community Development (DHCD) issued Multifamily Notice 20-15 concerning the use of the “Taxable/Tax-Exempt Financing” technique. DHCD is now expanding the financing technique to include projects that rely on subordinate financing from DHCD through Rental Housing Works (RHW) and other subordinate financing programs of DHCD. This modification is retroactively effective for applications submitted for financing, and DHCD will work with individual projects in underwriting to set the best course forward for each deal.

The Maryland Department of Housing and Community Development (DHCD) updated its Community Development Administration (CDA) Supplementary General Conditions and 2020 competitive funding round Frequently Asked Questions (FAQ). Additional FAQs will be added as questions are received. Please continue to check the website for updates.

Woda Cooper Companies announced that construction for the 48-unit, mixed-income housing development called Robinson Overlook is now underway in Columbia, MD.

The Maryland Department of Housing and Community Development (DHCD) posted the 2020 LIHTC Program Income and Rent Limits. DHCD also updated the FAQ document for the 2020 competitive funding round.

On August 3, the Maryland Department of Housing & Community Development (DHCD) reopened the Assisted Housing Relief Program. Tenants in eligible properties may receive assistance for unpaid rents for the period beginning April 1st and ending July 31, 2020. Assistance will be paid directly to the property. The program is limited to rental units in multifamily projects with State financing or Low-Income Housing Tax Credits (LIHTC).

The Baltimore Metropolitan Council (BMC) is seeking qualified and experienced developers to apply for affordable housing subsidies for new construction, substantial rehabilitation or existing housing through the Baltimore Regional Project-Based Voucher (PBV) Program.