County joins program to aid first-time home buyers

News Briefs

News Briefs

August 18, 2012

The Board of County Commissioners last week approved enrollment in the Maryland Department of Housing and Community Development's "On Behalf of Local Governments" housing program, designed to aid first-time home buyers.

The initiative is a state bond issue used to promote home ownership. The program offers local governments opportunities to partner with the state to either provide mortgage financing for first-time buyers or to help revitalize older communities.

A total of $5,609,891 in bond authorization has been allocated to the Department of Housing and Community Development for the program, which is dubbed Maryland Mortgage. More information is available at

To qualify, applicants must be within the federal income limits and purchase a home for no more than $429,620.

For households with one or two members, the maximum household income allowed is $101,400. For households of three or more members, the maximum allowable income is $118,300.

The county's authorization is an agreement for the state to administer the funds for 2012.

The first 60 days — Sept. 1 through Oct. 31 — will be for exclusive use of Carroll County citizens. Funds not used within that 60-day period revert to a statewide pool, available to all eligible applicants on a first-come, first-served basis.

For more information, contact Rita Zimmerman of the county's Department of Citizen Services, at 410-386-3600.

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