Budget Year / Version:
FY 26
RECOMMENDED
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Program Description

  Administration

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Program Contacts

Contact Pofen Salem of the 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 operating budget.

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Program Performance Measures

Program Performance MeasuresActual FY23Actual FY24Estimated FY25Target FY26Target FY27
Percent of department MC311 Service Requests meeting service length agreement82.8%87.0%86.9%86.9%86.9%
Department MC311 Service Requests (SR)26,19425,26626,02326,80527,609
Number of affordable housing units managed under DHCA Rental Agreements1,2691,2191,4191,6191,819
Asset Management - Loan repayments received 1$36,076,199$147,093,248$80,262,017$82,669,877$85,149,974
Showing 1 to 4 of 4 entries
1  FY24 includes two large loan repayments from the County’s Right of First Refusal (ROFR) projects that closed in FY23.
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Program Budget Changes

FY26 Recommended ChangesExpendituresFTEs
FY25 Approved$3,625,68720.6
Increase Cost: Adjust Operating Expenses to Reflect Increase in the General Fund Transfer$4,249,8130
Increase Cost: Rental Assistance Program Due to Increased Recordation Tax Premium Estimates$2,510,2830
Increase Cost: Adjust Other Revenue Sources in the Housing Initiative Fund$977,0440
Increase Cost: Three Percent Inflationary Adjustment to Non-Profit Service Provider Contracts (Montgomery Housing Initiative)$67,2550
Increase Cost: Grant Funded Position to Be Partially Funded with County Resources to Meet Federal Requirements$50,2270.3
Increase Cost: Grant Funded Position to Be Partially Funded with County Resources to Meet Federal Requirements$33,3320.2
Increase Cost: Three Percent Inflationary Adjustment to Non-Profit Service Provider Contracts (General Fund)$16,4920
Decrease Cost: Grant Funded Position to Be Partially Funded with County Resources to Meet Federal Requirements($26,231)-0.2
Decrease Cost: Grant Funded Position To Be Partially Funded with County Resources To Meet Federal Requirements($57,328)-0.3
Decrease Cost: Miscellaneous Operating Expenses ($69,000)0
Decrease Cost: Housing Opportunities Commission (HOC) Production Fund Contributions to the Housing Initiative Fund($158,542)0
Decrease Cost: Lapse Adjustment ($174,000)0
Decrease Cost: Operating Expenses to Reflect the Debt Service Transfer for the Housing Capital Improvements Program and the Housing Opportunities Commission Production Fund($6,043,270)0
Multi-program adjustments, including negotiated compensation changes, employee benefit changes, changes due to staff turnover, reorganizations, and other budget changes affecting multiple programs.($974,998)0.2
FY26 Recommended$4,026,76420.8