Maryland DHCD Announces Awardees of LIHTCs, Rental Housing Funds

Monday, August 13, 2001 - 1:45am

The Maryland Department of Housing and Community Development Department (DHCD) completed its Spring 2001 competitive round and on July 31 announced that 12 of 27 project requests had been selected to receive $10,043,688 of Rental Housing Funds and $5,002,383 of Low Income Housing Tax Credits. Requests of almost $21 million of Rental Housing Funds (including $10,680,688 from non-entitlement areas for federal HOME funds) and $16 million of Tax Credits were received. DHCD has moved the date for the Fall 2001 round to Oct. 26, 2001. The proposed changes will be posted to the DHCD website as soon as they are available. Oral and written comments are being accepted and the required public hearing for the QAP is scheduled for mid-September.