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Blog - Latest News

Maryland Affordable Housing Trust – Round 40 is open

July 18, 2016
July 18, 2016

The Maryland General Assembly created the Maryland Affordable Housing Trust (MAHT) in 1992. The Trust is an instrumentality of the State, governed by a Board of Trustees appointed by the Governor, and staffed by the Maryland Department of Housing and Community Development. A portion of the interest generated by title company escrow accounts funds the activities of MAHT.

Funds are awarded as loans or grants based upon the financial structure needed to make the project viable. Although MAHT reserves the right to make its funding available as interest-bearing loans, funding for project-specific capacity building, operating expenses, and support services are generally made as grants. Funding for pre-development costs is generally repayable upon the closing of permanent financing for a project.  Funding for capital costs is offered as deferred-payment loans or recoverable grants payable if the project is sold and/or ceases to be used for low-income occupancy.

Deadline for application is August 31, 2016. Maximum award amount is $75,000.

Interested in knowing more or applying for funding? Click here for more information.

 

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Annual Meeting Important Information

Payments: Orders placed on the event registration page are not confirmed until payment is received. A confirmation email will be sent to the email address listed in your registration. If you paid by credit card, a receipt will be sent to the email address listed in your registration. If you mail a check, all payments must be received within seven days of completing your registration form. Checks should be remitted to: HAND, PO Box 48386, Washington, DC 20002

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Door Prizes: Are you interested in donating a door prize to this year’s Annual Meeting? Email annualmeeting@handhousing.org to coordinate with our team.

← Request for Proposals (RFP) To Develop 219 Townhouses in Suitland, MD (previous entry)
(next entry) Maryland Department of Housing and Community Development Announces Fiscal Year 2017 Application Round for Project C.O.R.E. Funding →

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