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Programs
Housing Preservation Grant:
This program of the Rural and Economic Development Administration
provides assistance to low and very low income homeowners in the County.
Funds are mostly reserved for use by the elderly residents of the County who
do not have the income necessary to support conventional loan terms.
Loan proceeds are made available to help with property repairs which are primarily
health and safety related issues.
County Revolving Loan Program:
Utilizing repayments from previous loans, the department continues
to assist elegible households with rehabilitation efforts. This program
provides more flexibility in the use of the loan proceeds and can be used
for residential, business, and public improvements.
Maryland Housing Rehabilitation Program:
(Additional Information)
The Maryland Department of Housing and Community Development
offers funds for the rehabilitation of homes and rental properties that serve
income eligible occupants. General repairs and major renovation
and elibible activites. This program seeks to meet rehabilitation needs
mainly by probiding low-cost rehabilitation financing to owners of the properties.
Elderly Rental Housing Development:
The Department promotes the production of affordable rental
housing for the elderly and non-elderly disabled. The developments provide
coordinated supportive services to allow the elderly population to maintain
their independence and avoid costly alternatives. The department is
proactive in project oversight throughout the development process.
Community
Development Block Grant Program:
This federal program provides grants and loans to conuties
and municipalities for the development or expansion of economic opportunities,
public facilities and various housing activities. Local government can apply
directly or undertake in joint projects on behalf of larger applications.
The department can provide assistance with application preparation, project
development, financial packaging and project management.