Applications for the 2015 LIHTC and RHF Competitive Funding Round are due by Tuesday, September 8, 2015 at 5:00 PM. Applications must be delivered to the mailroom on the ground floor of 7800 Harkins Road, Lanham, Maryland 20706.
Applications for the 2015 Competitive Funding Round are due by Tuesday, September 8, 2015 at 5:00 PM. Applications must be delivered to the mailroom on the ground floor of 7800 Harkins Road, Lanham, Maryland 20706.
John Maneval has re-joined DHCD as CDA Deputy Director for Multifamily Housing and Neighborhood BusinessWorks. In this position, John will oversee all Multifamily Housing activity as well as the growth of the Neighborhood BusinessWorks Program.
Maryland Department of Housing and Community Development’s proposed changes to the QAP and Guide for non-substantive changes or other clarifying changes are available for review. The documents may be accessed from the Department’s website at http://www.mdhousing.org.
A property that was under development in Baltimore by the Woda Group was destroyed in a massive fire. The development, which was 45% complete, plans to replace a blighted block with 61 units of affordable senior housing and service, counseling, and job training space.
The Maryland General Assembly passed a budget that funds Rental Housing Works at $20 million. The program provides gap financing for the creation and preservation of affordable rental housing financed through Maryland Department of Housing and Community Development Multifamily Bond Program and Low Income Housing Tax Credit Program.
Maryland Department of Housing and Community Development announced applications for the 2015 Competitive Funding Round for LIHTCs and Rental Housing Funds are due by Tuesday, September 8, 2015 at 5:00 PM. Applications must be delivered to the mailroom on the ground floor of 7800 Harkins Road, New Carrollton, Maryland 20706.
The Maryland Historical Trust is now accepting applications for the Small Commercial Tax Credit. Eligible projects may earn a state income tax credit equal to 20 percent of qualified rehabilitation expenditures.
Elevate Energy has joined forces with New Ecology to help affordable housing property owners and managers to reduce their property’s energy costs. They are offering free baselining services to multifamily affordable housing properties in Illinois, Missouri, Maryland, Rhode Island, and Pennsylvania, along with the Richmond, VA, Metro area.
The Internal Revenue Service (IRS) published that $2.59 million of unused LIHTCs carryovers for calendar year 2014 will be allocated to 35 qualified states and Puerto Rico.
Governor Martin O’Malley announced that Raymond A. Skinner, who has served as Secretary of DHCD since 2007, is retiring at the end of the month and that he will appoint Clarence J. Snuggs, the current Deputy Secretary of DHCD, as acting secretary effective September 1, 2014
Applications for the 2014 Maryland Competitive Funding Round are due by Tuesday, September 9, 2014.