Maryland

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

Governor Larry Hogan (R) announced a $30 million rental assistance program to prevent evictions and help Marylanders affected by the COVID-19 pandemic. The State’s allocation of $20 million in Community Development Block Grant (CDBG) COVID funding will be deployed across local jurisdictions in Maryland to provide further support for local eviction prevention programs.

Governor Larry Hogan (R) signed the 2020 QAP and the Multifamily Rental Financing Program Guide (Guide). The new QAP and Guide are effective as of June 3, 2020 and will govern all applications received on or after this date.

Owners or sponsors of a property receiving an allocation of LIHTCs are required to upload certain tenant data and project data through a portal provided by the Maryland Department of Housing and Community Development (DHCD), which data will ultimately be uploaded to HUD. The portal will be ready to receive your data uploads on June 15, 2020. All uploads must be completed by July 31, 2020.

For all Maryland Department of Housing and Community Development (Department) Community Development Administration (CDA) cash-flow loans, the deadline for submitting property audits is extended 30 days from April 1 to May 1. No prior notification to the Department is required to take advantage of this extension. No penalties for submission after April 1 but by May 1 will be assessed. Any prior penalties are unaffected.

The District of Columbia, Maryland and Virginia (DMV) have all extended their shelter in place orders and issued moratoriums on foreclosures and evictions.

The Maryland Department of Housing and Community Development will conduct its public hearing for the 2020 QAP and Guide on Wednesday, March 18, 2020 from 6:00 – 8:00 pm ET.

Kathy Ebner, president and CEO of Homes for America, has announced plans to retire later this year, concluding her 15-year career with HFA. The organization is looking for experienced candidates for president who have experience serving the Maryland or the mid-Atlantic region and who understand and share HFA’s mission and values.

The Maryland Department of Housing and Community Development (DHCD) released the final drafts of the QAP and Multifamily Rental Financing Program Guide (Guide) for public comment. DHCD will conduct the Internal Revenue Code (IRC) mandated public hearing for the 2020 QAP and Guide on Wednesday, March 18, 2020 from 6:00 – 8:00 pm ET in DHCD’s Main Conference Room, 7800 Harkins Road, Lanham, Maryland 20706.

The Maryland Department of Housing and Community Development (DHCD) extended its review of second draft of the QAP and Multifamily Rental Financing Guide by a few extra weeks. DHCD anticipates the deadline for the submission of applications for the next Competitive Round will be in Spring 2020. A firm date will be issued shortly. If […]

Pennrose celebrated the grand opening of Pointe View at Aspen Hill in Silver Spring, Maryland. The new high-quality, mixed-income community delivers 120 units of affordable housing and on-site supportive services for seniors in Montgomery County.

The Maryland Department of Housing and Community Development (DHCD) released the draft of the 2020 Qualified Allocation Plan (QAP) and Multifamily Rental Financing Guide (Guide) for public comment.  Draft comments are due by December 15, 2019 and can be submitted to dhcd.qap@maryland.gov. A summary of proposed revisions is available here. Please note the list only includes the major proposed revisions, not all revisions.

The National Council of State Housing Agencies (NCSHA) and the Economic Innovation Group (EIG) published three case studies of developments that incorporate Opportunity Zone investment to create new affordable homes and support community revitalization efforts in Ohio, Maryland and Florida. These are the first in a new series of Opportunity Zone Development Profiles that detail project financing, community socioeconomic data and projected economic impact. The profiles demonstrate how Opportunity Zone investments are being utilized to develop affordable homes for very-low- to moderate-income households, and how that investment is furthering community revitalization efforts and enhancing positive community impact.