The County's Housing Program provides funding to preserve and acquire affordable rental properties that require rehabilitation or are at risk of rent increases that could displace low- to moderate-income working families. PROGRAM CONTACTSContact Pofen Salem of Department of Housing and Community Affairs at 240-777-3728 or Anita Aryeetey of the Office of Management and Budget at 240-777-2784 for more information regarding this department's housing capital budget.HIGHLIGHTSContinue to provide support for the Affordable Housing Acquisition and Preservation project, the Affordable Housing Opportunity Fund, the Nonprofit Preservation Fund, and the Revitalization for Troubled and Distressed Common Ownership Communities project. CAPITAL...

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PROGRAM DESCRIPTION AND OBJECTIVES

The County's Housing Program provides funding to preserve and acquire affordable rental properties that require rehabilitation or are at risk of rent increases that could displace low- to moderate-income working families.

PROGRAM CONTACTS

Contact Pofen Salem of Department of Housing and Community Affairs at 240-777-3728 or Anita Aryeetey of the Office of Management and Budget at 240-777-2784 for more information regarding this department's housing capital budget.

HIGHLIGHTS

Continue to provide support for the Affordable Housing Acquisition and Preservation project, the Affordable Housing Opportunity Fund, the Nonprofit Preservation Fund, and the Revitalization for Troubled and Distressed Common Ownership Communities project.

CAPITAL PROGRAM REVIEW

The recommended FY27-FY32 Capital Improvements Program for the Department of Housing and Community Affair's Housing includes four ongoing projects totaling $160 million over six years. This reflects a $172 million or 51.8% decrease in overall affordable housing funding, primarily due to the completion of key activities within the Affordable Housing Acquisition and Preservation project, the Affordable Housing Opportunity Fund, and the Nonprofit Preservation Fund.

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