The Maryland General Assembly created the Maryland Affordable Housing Trust in 1992 to make affordable housing more available throughout the State of Maryland. The Trust is governed by a Board of Trustees and staffed by the Maryland Department of Housing and Community Development. A portion of the interest generated by title company escrow provides the funding for the Maryland Affordable Housing Trust.
September 2022 Public Meeting Notice
Applicable Laws and Regulations
The law and regulations governing of the Maryland Affordable Housing Trust are found in:
- The Housing and Community Development Article, §§10-101 - 10-301, of the Annotated Code of Maryland, as amended;
- Insurance Article Section 22-103 of the Annotated Code of Maryland; and
- Code of Maryland Regulations 31.16.03.01-.08.
The Maryland Affordable Housing Trust promotes affordable housing for households earning less than 50% of area or Statewide median income by:
- Funding capital costs of rental and ownership housing;
- Providing financial assistance for nonprofit-developer capacity building;
- Funding supportive services for occupants of affordable housing; and
- Funding operating expenses of affordable housing developments.
The Maryland Affordable Housing Trust does not provide:
- Direct rental assistance to tenants;
- Capacity building assistance that is not related to a specific housing development; or
- Purchase of grantee personal property, such as office furniture or equipment.
The maximum award amount is $75,000.
Although the Maryland Affordable Housing Trust reserves the right to make its funding available as interest-bearing loans, funding for project-specific capacity building, operating expenses and support services are generally made as grants. Funding for capital costs are offered as deferred-payment loans or recoverable grants payable if the project is sold and/or ceases to be used for low-income occupancy. Pre-development awards are generally repayable.
- Nonprofit organizations
- Public housing authorities
- Government agencies
- Profit-motivated entities
While all activities funded by
the Maryland Affordable Housing Trust generally serve residents with incomes of less than 50% of statewide or area median, whichever is higher, preference is given to projects that serve households with incomes of less than 30% of median.
Projects that meet the following criteria will be most competitive:
- Target very low-income persons
- Provide housing for families with minor children and/or single adults in Single Room Occupancy units;
- Demonstrate project readiness and feasibility;
- Project long-term affordability (for capital projects);
- Demonstrate need /demand for housing in geographic area and helps achieve equitable geographic distribution of Maryland Affordable Housing Trust funds;
- Leverage other funds and/or provide the final piece in a financing package; and
- Provide self-sufficiency services.
Information for Applicants
Grantee Authorized Signatures
Grantee Request for Payment
Information for Title Producers
Annual MAHT Reports to Governor
For More Information
CONTACT: Kecia Campbell, Program Administrator
Maryland Affordable Housing Trust