The Maryland Department of Housing and Community Development (DHCD) received 41 applications requesting $32.5 million of Rental Housing Funds (RHF), $56.5 million of federal Low Income Housing Tax Credits (LIHTC) in the Fall 2016 Competitive Funding Round.
Thirty four of the projects are new construction and seven are acquisition/rehabilitation projects. A complete Application Listing is now available.
DHCD expects to award about $14 million in LIHTCs and $14 million in Rental Housing funds (State and HOME funds) in this Round. DHCD expects to make funding announcements in the first quarter of 2017.
