The Maryland Department of Housing and Community Development's homeownership and rental housing programs help families in Maryland find, maintain and keep affordable and livable housing in communities throughout the state. Our homebuyer assistance programs offer mortgage loans as well as down payment and closing cost assistance to eligible homebuyers with low-to moderate-income, and we have programs to improve and rehabilitate single family housing to improve basic livability, to meet unique housing needs, including lead paint reduction, weatherization assistance and we offer housing financing programs for persons with special needs.
The Maryland Department of Housing and Community Development's portfolio of small business lending programs provides gap financing and other business growth tools to new and expanding small businesses and nonprofit organizations in Sustainable Communities throughout the State. Maryland-based small businesses, local development corporations and nonprofit organizations whose activities contribute to a broader revitalization effort, and whose projects are intended to promote investment in commercial districts or town centers, are eligible to apply. Priority is given to projects that strengthen neighborhood commercial districts and are part of a greater revitalization strategy.
Through funding and technical assistance, the Maryland Department of Housing and Community Development works with local governments, nonprofit organizations, community groups and businesses to enhance existing neighborhood resources, support economic development, provide public services and infrastructure and improve the quality of life for residents.
The Maryland Department of Housing and Community Development offers multifamily finance programs for the construction and rehabilitation of affordable rental housing units for low to moderate income families, senior citizens and individuals with disabilities. Our multifamily bond programs issues tax-exempt and taxable revenue mortgage bonds to finance the acquisition, preservation and creation of affordable multifamily rental housing units in priority funding areas. By advocating for increased production of rental housing units, we help create much-needed jobs and leverage opportunities to live, work and prosper for hardworking Maryland families, senior citizens, and individuals with disabilities throughout the state.