Issuer's six-digit CUSIP numbers: 57419J

Information Concerning Bond Redemption

The Community Development Administration, Maryland Department of Housing and Community Development, currently expects to redeem certain Residential Revenue bonds issued under the Residential Revenue Bond Program dated as of August 1, 1997, as supplemented. This Notice does not constitute a formal notice of redemption.

Date of this Notice: January 15, 1999

Trustee: The First National Bank of Maryland, a division of FMB Bank, a Maryland State Chartered Commercial Bank

Anticipated Redemption Date: February 16,1999

Bonds to be Redeemed:

Residential Revenue Bonds

Bond Redemption

February 16, 1999


Series
Maturity
Rate
Principal*
Series Total
RRB 1997 B
2019
5.05%
$80,000.00
  
 
2029
5.875%
250,000.00
$330,000.00
RRB 1998 C
1999
3.80%
33,380,000.00
33,380,000.00
Totals:
$33,710,000.00
$33,710,000.00

Questions concerning specific Bonds should be directed to the Trustee for the Bonds, Allfirst Bank. Contact Pamela Hazelip at 410-545-2066.

General questions concerning DHCD or CDA may be directed to Anne P. Konrad, Director, Finance, at 410-514-7326 or [email protected].

Information is also available through designated Nationally Recognized Municipal Securities Information Repositories.

This information has been updated as of February 4, 1999.