Posts Tagged ‘first-time homebuyers’
Maryland Department of Housing and Community Development Expands Student Loan Payoff Assistance for First-Time Homebuyers
Maryland SmartBuy initiative has been expanded! The Maryland Mortgage Program‘s loan product for first-time homebuyers to purchase a home and pay off student debt has been increased from a current limit of $20,000 to $25,000 in student loan payoff assistance. This announcement of the program expansion marks the start of National Homeownership Month in June.…
Read MoreGovernor Moore Announces Record-Setting Housing Bond to Support Affordable, Sustainable Homeownership for First-Time Homebuyers
First-time homebuyers in Maryland will be able to receive help thanks to the largest mortgage revenue bond in the Maryland Department of Housing and Community Development’s history. The $400 million bond from the department’s Community Development Administration through the Residential Revenue Bond program generated tax-exempt and taxable bond proceeds that may be used to finance…
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