Wednesday, December 10, 2014

Some Homeless Veterans will soon receive voucher rental assistance from the U.S. Department of Veteran's Affairs

A large portion of the region’s homeless are believed to be veterans. It's hard to tally the true numbers of homeless in Maryland due to their transient nature and propensity to keep well hidden to avoid authorities.

Acting Secretary Clarence Snuggs, Senator Benjamin Cardin, Baltimore Mayor Stephanie Rawlings-Blake and the secretaries of the U.S. Department of Housing and Urban Development and the U.S. Department of Veterans Affairs recently came together in Baltimore to announce a voucher program and talk about additional assistance to help 1,984 homeless veterans find permanent supportive housing.

While the voucher program is not going to help all of them, about 60 Maryland homeless veterans will soon receive rental assistance and other services through a combined effort of the U.S. Department of House & Urban Development and U.S. Department of Veteran's Affairs.

The voucher program combines rental assistance from HUD with case management and clinical services provided by the Veterans Administration. In October, the two federal agencies awarded $62 million in vouchers to assist more than 9,000 homeless veterans.

Three Maryland agencies received 60 vouchers for more than $491,000, including 21 vouchers for homeless veterans in southern Maryland, which has never received vouchers before.

The allocations for Maryland included: 30 vouchers for $219,521 to the Hagerstown Housing Authority; nine vouchers for $72,945 to the Housing Authority of Baltimore County; and 21 vouchers for $198,901 to the Calvert County Housing Authority.

Monday, December 1, 2014

November 2014 Newsletter Housing Trends eNewsletter

November 2014 Newsletter Housing Trends eNewsletter

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

Please click here to view the November 2014 Newsletter Housing Trends eNewsletter.

If you are interested in determining the value of your home, click the Home Evaluator link for a free evaluation report.

Sunday, November 30, 2014

Home Buyers Purchasing in Certain Zipcodes of Prince Georges County May Take Advantage of Special Assistance Programs

The State of Maryland, in partnership with the Prince George's County Department of Housing and Community Development, is giving qualified homebuyers in Prince George’s County the chance to get incredible assistance in the purchase of their home through the MMP TriplePlay Initiative.

UP TO $20,000 DOWN PAYMENT ASSISTANCEAll eligible homebuyers qualify for $10,000 in standard Down Payment Assistance (which is a no-interest, deferred loan), In addition, eligible homebuyers that purchase properties in the selected zip codes* will receive an additional $10,000 Down Payment Assistance grant.
0.25% DISCOUNT ON INTEREST ​​RATEAll eligible homebuyers that participate in this program will qualify for a 0.25% reduction in the standard MMP interest rate. 

A Maryland HomeCredit discounted with no DHCD Fees (lender fees may apply). A Maryland HomeCredit provides homebuyers with a federal tax credit of up to $2,000 every year for the life of the mortgage.​​

*Zip codes that qualify for the additional $10,000 Down Payment Assistance grant are 20743, 20746, 20706, 20745, 20747, 20772, 20774, 20748, 20744, 20737, 20784, 20785, 20710, 20722.

Call Kimberly BartonREALTOR® at (443) 837-5645 or Click Here to request more information