CountyCP Appendix Four 9162010 by ps94506


									     W     I C O M I C O           C   O U N T Y           C   O M P R E H E N S I V E                    P   L A N

Appendix              Homeownership,                 4:
Home     Improvement,   and  Rental
Assistance Programs
Program Name                    Program Description

                                The CDA Maryland Mortgage Program provides low-interest mortgage loans to eligible
CDA More House 4 Less           homebuyers with low- to moderate-income households through private lending institutions
Mortgage Program                throughout the State. The Program began in 1980 and is targeted primarily to first-time

Down Payment – More             The Downpayment and Settlement Expense Loan Program (DSELP) is a program used in
House 4 Less Mortgage           conjunction with the Maryland Mortgage Program that offers zero percent deferred loans up to
Program                         $2,500 for downpayment and settlement costs to low- and moderate- income homebuyers.

                                The Ground Rent Redemption Loan Program was created by the Maryland General Assembly
                                in 2007 to provide loans to homeowners to buy out (redeem) ground leases. A “ground lease” is
Ground Rent Redemption          a lease for a term of years (usually 99 years) that is renewable forever and is subject to the
Loan Program                    periodic payment of “ground rent” by the leasehold tenant to the ground lease holder. Ground
                                rents are most prevalent in Baltimore City but are held in some other counties as well. The
                                program cannot provide grants for this purpose.
Home Ownership for
                                The Homeownership for Individuals with Disabilities Program provides low-interest mortgage
Individuals with Disabilities
                                loans to eligible disabled homebuyers.
                                The Department of Housing and Community Development, State of Maryland has State Owned
State Owned Homes for Sale      homes for sale throughout the State of Maryland. These homes may be purchased by
                                Homebuyers (Owner/Occupant), Investors, or Non-Profit Organizations.

Maryland Mortgage and           This program provides home buyers with low fixed interest rate loans along with down payment
Maryland Mortgage Plus          and closing cost assistance. With Maryland Mortgage Program, homeowners can also receive a
Program                         2 percent or 3 percent grant towards a home purchase.
                                This program provides the Community Development Administration (CDA) three standard down
                                payment and closing cost assistance products for any borrower who is eligible for a Maryland
Down Payment and
                                Mortgage Program loan. Borrowers can choose to receive a closing cost assistance grant from
Settlement Expenses Loan
                                either the MMP+ 2 percent or MMP+ 3 percent programs. Also, borrowers who are purchasing a
Program (DSELP)
                                house with a purchase price of $200,000 or less may choose to receive a zero-percent deferred
                                loan through the Down payment and Settlement Expense Loan Program (DSELP).

Appendix 4: Homeownership, Home Improvement, and Rental Assistance Programs
     W    I C O M I C O            C   O U N T Y            C   O M P R E H E N S I V E                       P   L A N

Program                      Description

                             The Maryland Department of Housing and Community Development (DHCD), in partnership with
                             the Maryland Department of Aging (MdoA), are undertaking a pilot project to promote accessibility
Accessible Home for          related improvements to the homes of seniors. These improvements may include, among others,
Seniors                      the installation of grab bars and railings, widening of doorways and installation of ramps. Home
                             improvements such as these represent for many older people the key to remaining in their home
                             and maintaining their independence.

                             The purpose of the Indoor Plumbing Program (IPP) is to provide indoor plumbing to residential
Indoor Plumbing Program
                             properties. Loans may be made for singe-family, owner-occupied homes and rental properties,
                             which do no have indoor plumbing. Properties must be structurally sound.

                             The purpose of the Lead Hazard Reduction Grant and Loan Program (LHRGLP) is to assist
Lead Hazard Reduction        homeowners and landlords lessen the risk of lead poisoning a preserve the housing stock by
Grant and Loan Program       reducing or eliminating lead-based paint hazards. There are no income limits for this program. The
                             financial assistance (grant or loan) will be based on the applicant’s ability to repay.

Maryland Housing             The purpose of the Maryland Housing Rehabilitation Program- Single Family (MHRP-SF) is to
Rehabilitation Program –     preserve and improve single family properties and one-to-four unit rental properties. MHRP-SF is a
Single Family (MHRP-SF)      program designed to bring properties up to applicable building codes and standards.

Special Targeted Applicant   The purpose of the Special Targeted Applicant Rehabilitation Program (STAR) is to preserve and
Rehabilitation Program       improve single-family properties. STAR is a program designed to bring properties up to applicable
(STAR)                       building codes and standards or a minimum housing quality standard.
                             The purpose of the Weatherization Assistance Program (WAP) is to help eligible low-income
Weatherization Assistance    households through the installation of energy conservation materials in their dwelling units. Priority
Program (WAP)                is given to homeowners who are elderly, disabled and families with children and/or who have the
                             highest energy consumption. Eligible renters may also apply.

Program Name                 Program Description
                             Community Legacy, a program of the Department of Housing and Community Development
                             (DHCD), is designed to assist urban neighborhoods, suburban communities and small towns that
Community Legacy
                             are experiencing decline and disinvestment, but have the potential, with modest public and private
                             investment, to be vibrant places to live and work.
                             The Maryland Affordable Housing Trust provides grants to create, preserve, and promote
                             affordable housing throughout the State. Grants are awarded through competitive rounds for
Maryland Affordable
                             capital assistance to rental and homeownership housing, for non-profit developer capacity building
Housing Trust ( MAHT)
                             to create affordable housing, for supportive services for the occupants of affordable housing, and
                             for operating expenses to maintain affordable housing.
                             The Rental Allowance Program (RAP) provides monthly rent assistance for low income families
                             who are homeless or have an emergency housing need. The monthly payments are fixed
Rental Allowance Program     amounts, depending upon the size of the family and the location of the rental housing unit in the
                             State. Payments can be received for up to 12 months, and may be extended under special
                             The Section 8 Existing Certificate/Voucher Program is a federal program that provides monthly
Section 8 Certificate        rent assistance for low income families. The family pays approximately 30 percent of their income
Voucher                      toward the rent with the balance of the monthly rent, up to a fair market rent, paid by the Section 8
                             The Maryland Housing Rehabilitation Program – Multifamily provides gap financing for the
Maryland Housing
                             acquisition and rehabilitation of multifamily rental residential buildings. The purpose of the program
rehabilitation Program –
                             is to preserve the supply of housing with existing federal, state or local affordability requirements,
Multifamily ( MHRP- MF)
                             particularly project based Section 8 or Rural Development rental assistance.

Appendix 4: Homeownership, Home Improvement, and Rental Assistance Programs
     W    I C O M I C O                C    O U N T Y             C   O M P R E H E N S I V E                          P   L A N

Program                 Description
                        The Community Development Block Grant (CDBG) Program provides grants to units of local government to carry out
                        housing, public facility and economic development activities which predominantly benefit low and moderate-income
Development Block
                        persons. The funds are restricted to the non-entitlement areas of the State, which include the rural counties and
Grant                   towns.
                        HUD's new Neighborhood Stabilization Program ( provides emergency assistance to state and
                        local governments to acquire and redevelop foreclosed properties that might otherwise become sources of
                        abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to
                        every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or
Program                 redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring
                        homes. The program is authorized under Title III of the Housing and Economic Recovery Act of 2008.
                        Community Investment Tax Credits (CITC), formerly named Neighborhood Partnership Program (NPP), supports
Community               nonprofit projects by awarding allocations of State tax credits to the sponsoring organizations to use as incentives for
Investment Tax          business contributions. Any business may reduce its Maryland tax liability by contributing cash or goods to support
Credit (CITC)           CITC projects. The business earns credits equal to 50 percent of the contribution, in addition to deductions on both
                        State and Federal taxes as a result of the charitable contribution.
                        Community Legacy, a program of the Department of Housing and Community Development (DHCD), is designed to
Community Legacy        assist urban neighborhoods, suburban communities and small towns that are experiencing decline and
Program                 disinvestment, but have the potential, with modest public and private investment, to be vibrant places to live and
                        The Community Services Block Grant Program (CSBG) provides a range of services designed to assist low-income
Community Services      people in attaining the skills, knowledge and motivation needed to achieve self-sufficiency. The services and
Block Grant             activities provided by the CSBG agencies vary in accordance with the needs of each community to include: housing,
                        Head Start education for youth, nutrition programs, transportation, employment services, and emergency services.
                        Designated Neighborhoods are mixed-used areas in need of social and/or physical revitalization, which are selected
Designated              by the local jurisdiction and approved by the Secretary of DHCD. They are established neighborhoods that have
Neighborhoods           residential as well as commercial uses. Some State funding programs are available only to those applicants that are
                        located in or are servicing clients who reside in Designated Neighborhood
                        Under the Emergency Shelter Grant (ESG) Program, the Maryland Department of Housing and Community
Emergency Shelter       Development (DHCD) receives federal funding through the U.S. Department of Housing and Urban Development
Grant Program           (HUD) to support homeless shelters and homeless services programs in 19 counties. Urban counties, including Anne
(ESG)                   Arundel, Baltimore, Montgomery and Prince George’s, as well as Baltimore City, receive ESG funding directly from
                        HUD and not through DHCD.
                        Maryland administers the Federal Low Income Housing Tax Credit Program to support the development of affordable
Federal Low-Income
                        multifamily rental housing. Credits are awarded competitively in conjunction with the State’s Rental Housing Program
Housing Tax Credit
                        funds and federal HOME funds. Tax credits are allocated in accordance with federal IRS rules and Maryland’s
Program                 Qualified Allocation Plan. Credits are subject to recapture for failure to comply with all IRS requirements.
                        The Local Government Infrastructure Financing Program provides an efficient and economical means of access to
                        capital markets in order to finance specific infrastructure projects. Some local governments have difficulty obtaining
Local Government
                        long term capital financing with advantageous terms because of the relative small dollar amount of their needs, the
                        expense and other impediments involved in becoming rated, and the complexity of the capital marketplace. The
Financing Program       Maryland Department of Housing and Community Development (DHCD) issues bonds on behalf of counties,
                        municipalities, and their instrumentalities to finance public purpose infrastructure projects.
                        Main Street Maryland is a comprehensive downtown revitalization program created in 1998 by the Maryland
                        Department of Housing and Community Development. The program strives to strengthen the economic potential of
Main Street
                        Maryland’s traditional main streets and neighborhoods. Using a competitive process, Main Street Maryland selects
Maryland Program        communities who have made a commitment to succeed, and helps them improve the economy, appearance and
                        image of their traditional downtown business districts.
Maryland Downtown       The Maryland Downtown Development Association (MDDA) is a statewide organization of professionals aggressively
Development             promoting the health and vitality of Maryland’s downtowns and traditional commercial business districts through its
Association             conferences, newsletter, mentoring and professional network.
Salisbury               Neighborhood Housing Services (NHS) organizations partner with residents, financial institutions, community
Neighborhood            organizations, local governments and the State to stabilize and improve the housing market in targeted low- and
Housing Services,       moderate-income neighborhoods. Through matching grants, Maryland supports a portion of the operating costs of
Inc. (NHS)              Salisbury NHS, Inc.
                        The Office and Commercial Space Conversion Initiative was created in 1998 to assist in the revitalization of
                        Maryland's downtown areas by converting older office and commercial space into new, market rate, rental housing.
Office and
                        The program is designed to supplement conventional financing. There are no income limits and processing
Commercial Space
                        requirements are limited to those that are necessary in keeping with prudent lending practices and to ensure
Conversion Initiative   compliance with the program's statutory requirements. A recommendation from local government is required as a
                        condition for the submission of an application.
                        The Priority Places Strategy is designed to make well-planned development and community revitalization easier to
                        achieve in cities, suburbs and small towns across the state. After designating promising projects and planning
Priority Places
                        proposals as Priority Places, the state will dedicate all of the resources, regulatory power and expertise of its
                        agencies to helping those projects and plans come to fruition.

Appendix 4: Homeownership, Home Improvement, and Rental Assistance Programs
     W    I C O M I C O            C   O U N T Y           C    O M P R E H E N S I V E                    P   L A N

Program              Description
                     Habitat for Humanity of Wicomico County was founded in 1987. The affiliate has built 50 homes locally
                     through volunteer labor and tax-deductible donations of money and materials, Habitat builds and
                     rehabilitates simple, decent homes with the help of the homeowner (partner) families. Habitat homes are sold
Habitat for Humanity
                     to partner families at no profit, financed with affordable, no-interest loans. The homeowners' monthly
                     mortgage payments come back to the affiliate to help us build more homes for more families.
                     ARTICLE IN 2-5-09 newspaper

Appendix 4: Homeownership, Home Improvement, and Rental Assistance Programs

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