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 More

MD Department of Housing and Community Development Announces Over $8 Million in Community Development Block Grant Awards

The Maryland Department of Housing and Community Development has announced awards of more than $8.4-million through the federal Community Development Block Grant (CDBG) program for Fiscal Year 2025. The grants from the CDBG State Program will support 14 projects in 12 counties, including the creation of affordable housing, improvements to infrastructure and community facilities, and…

Read More