- TRAINING & ENGAGEMENT
- ANNUAL MEETING
- HAND PSA
Last year, Enterprise Community Loan Fund and the Washington Regional Association of Grantmakers (WRAG) launched Our Region, Your Investment – an impact investing initiative to bring new capital to our region in support of housing affordability.
Last week HAND hosted “The Power of Impact Investing” in partnership with WRAG and Enterprise Community Loan Fund. The session allowed guests to learn more about impact investing generally, the Our Region, Your Investment initiative specifically, as well as why investors are choosing to support housing affordability in this way. Featured speakers included James Wahls of the Annie E. Casey Foundation, Rachel Reilly Carroll of the Enterprise Community Loan Fund and Karen FitzGerald of the Meyer Foundation.
Additional materials from the session can be found here.
The Maryland Department of Housing and Community Development has partnered with Wicomico County to launch a new homeownership initiative through the Maryland Mortgage program. Maryland NewBuild will provide incentives to homebuyers purchasing newly constructed homes in the county, including reduced interest rates on Maryland Mortgage loans. The initiative will be available to Wicomico County homebuyers for one year, running until December 1, 2017.
Through Maryland NewBuild, Wicomico County homebuyers purchasing newly constructed homes in designated Priority Funding Areas can receive:
A 0.25% interest rate reduction on a fixed-rate Maryland Mortgage loan;
$5,000 in downpayment assistance through a 0% deferred loan;
Mortgage Credit Certificates and tax credit savings through the Maryland Homecredit Program, and;
A waiver from Wicomico County for the impact fees associated with the newly-constructed single family homes.
To learn more, click here.
The Hogan Administration recently announced the first home purchase under a new homeownership initiative designed to ease the burden of student debt. According to a press release, Maryland SmartBuy, within the Department of Housing and Community Development (DHCD), is the first program of its kind in the country and will make move-in-ready homes available to buyers while eliminating student loan debt burden, which is often a significant barrier to homeownership for younger homebuyers. To learn more about the initiative, click here.
With $80,000 soon to be available to first time DC homeowners, and funding for first time Maryland homeowners, it’s time to consider buying a house in the DC Metro area!
United Planning Organization provides education about the homebuying process plus one-on-one consultations with HUD certified housing counselors. UPO will host a homebuyer’s workshop on Saturday November 19, 2016 from 9:00 AM – 5:00 PM, at the Petey Greene Community Center, 2907 Martin Luther King Jr Ave SE, Washington, DC 20032. The workshop is open to anyone interested in purchasing a house. Our housing counselors will schedule one-on-one counseling for interested homebuyers in the months following the workshop to get them mortgage ready. The next workshop is not until March 2017, so spread the word! You can RSVP by calling 202-562-3800. Breakfast and lunch will be provided.
HAND's low-cost dues, customized training, and expansive network are only a few reasons why you should join the organization. Get connected today to take advantage of the multitude of benefits offered to our members.