Howard County Housing Department Accepting Applications for Moderate Income Housing Unit

To purchase a MIHU home, individuals must apply to DHCD during an open registration period to be placed in the database. To qualify, an applicant’s household income cannot exceed 80% of the Howard County median income (example: maximum of $96,928 for a household of four up to $127,945 for a household of eight people). Applicants must meet credit score requirements and household income must be sufficient to qualify for a mortgage by industry standards. Selling prices for available MIHU homes currently range from $267,544 for a new condo to $386,938 for a new townhouse. Actual selling prices may vary depending on unit size and amenities.

Homeownership opportunities are currently offered at below market prices in several Howard County communities, including Delacour in Blue Stream and Elkridge Crossing II in Elkridge and Paddock Pointe and Wellington Farms in Laurel. In addition to these new homes, previously owned condominiums and townhouses throughout the county are also for sale under the MIHU program as they become available. With current interest rates, individuals and families with incomes as low as $60,000 or slightly less may qualify to purchase a home. Applications for the MIHU Homeownership Program are available online or interested applicants can request that a paper application be mailed to them by calling 410-313-6318 and selecting option two or sending a email. [email protected].

New townhomes and condominiums are also under construction with fall delivery dates in Columbia, Marriottsville, Elkridge, Ellicott City and Laurel. If you want to move before the start of the new school year, now is the perfect time to apply for MIHU’s home ownership program and buy a below-market home. Down payment and closing cost assistance is available through the county’s Settlement Down Payment Loan Program (SDLP) to make home ownership even more affordable for first-time home buyers.

To rent a MIHU unit, a qualified applicant’s household income cannot exceed 60% of the Howard County median income (example: maximum $50,887 for a one-person household and $72,696 for a two-person household). four people). MIHUs are rented on a first-come, first-served basis, are distributed in each community, and residents enjoy the same amenities of community living as tenants at market rates. Annapolis Junction, Ashbury Courts, Azure Oxford Square, Belmont Station, Brompton House, Burgess Mill Station II, Dartmoor Place, Miller’s Grant, Mission Place, Oakland Place, Orchard Meadows, Orchard Park, Penniman Park, The Refinery, Regency Crest, Townes at Pine Orchard, Verde II at Howard Square, The Vine and The Wexley @ 100 are currently participating in the MIHU program. Prospective renters can apply directly to a participating rental community at any time of the year. Visit DHCD’s MIHU rental website for more information.

Open enrollment periods for the MIHU Home Ownership Program take place quarterly. For more information, to request a paper application and/or to schedule an appointment to drop off your completed application, contact DHCD’s Housing Opportunity Programs Division at 410-313-6318 and select option two , send an e-mail [email protected] or visit DHCD’s open registration website.

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