Fannie Mae has announced a Baltimore project among its contract awardees as part of its Sustainable Communities Innovation Challenge (The Innovation Challenge) initiative.  DHCD teamed up with Baltimore-based UPD Consulting to advance the idea of a school-based affordable housing program for families with young school-aged students who face housing instability during the school year.

The City of Baltimore has launched a call for expressions of interest (EOI) to develop several parcels of publicly-owned properties throughout Baltimore city. The EOI aims to (a) begin the redevelopment process by publicizing information about properties primed for redevelopment, (b) establish a list of interested and qualified parties or firms, and (c) lead to the development of Requests for Proposals if warranted.

Mayor Bernard C. “Jack” Young and the City’s Department of Housing & Community Development named 25 grant awards today under the Community Catalyst Grants Program.  The grants, which total $3.3 million, are expected to help leverage over $52 million in development activity across Baltimore neighborhoods.

DHCD is encouraging Baltimore homeowners to utilize the property tax credit program for homeowners with a combined household income of less than $60,000.  Online applications for the tax credit can be submitted until October 1. The State of Maryland Homeowners’ Property Tax Credit program provides credits against the homeowner’s property tax bill if the property taxes exceed a fixed percentage of the homeowner’s gross income.