The text of the Trustee's Notice of Redemption is reprinted below:

Community Development Administration
Maryland Department of Housing and Community Development
Residential Revenue Bonds, 1997 Series B
Dated August 1, 1997

NOTICE IS HEREBY GIVEN that pursuant to the applicable provisions of the governing documents, under which the above described Bonds (the "Bonds") were issued, The First National Bank of Maryland, as Trustee, hereby calls for redemption on July 12, 1999 ("Redemption Date"), $1,020,000 principal amount of the Bonds at a redemption price equal to 100% of the principal amount thereof plus accrued interest to the Redemption Date.

The CUSIP numbers, interest rates, maturity dates, and amount of the Bonds called for redemption are as follows:

*CUSIP Number: 57419J PV9, 5.050% Due September 1, 2019

Registered Bonds called in the amount of $80,000 with prefix 'FAST'

*CUSIP Number: 57419J PX5, 5.875% Due September 1, 2029

Registered Bonds called in the amount of $940,000 with the prefix �FAST�

The called principal and accrued interest will be paid to DTC on the Redemption Date. On and after the Redemption Date interest on the Bonds called for redemption shall cease to accrue.

*No representation is made to the correctness of the CUSIP number either as printed on the Bonds or as contained in any notice of redemption and reliance may be placed only on the identification numbers established under the Series Resolution.

By: The First National Bank of Maryland, Trustee
a division of FMB BANK, A MARYLAND STATE CHARTERED COMMERICAL BANK
(410) 545-2135

Dated: June 11, 1999

NOTICE

Withholding of 31% of gross redemption proceeds of any payment made within the United States may be required by the Interest and Dividend Tax Compliance Act of 1983 unless the paying agent has the correct taxpayer identification number (social security number or employer identification number) or exemption certificate of the payee. Please furnish a properly completed Form W-9 or exemption certificate or equivalent when presenting your securities.

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.