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DHCD Announces Funding Availability for Affordable Housing Development
The Department of Housing and Community Development (DHCD) held a virtual pre-proposal conference for affordable housing developers and owners on February 5, 2025, to present an overview of the Notice of Funding Availability (NOFA) process, the requirements for working with funding sources.
If you missed the NOFA pre-proposal conference, you can view the PowerPoint presentation here.
If you missed the NOFA pre-proposal conference webinar, you can view the entire webinar here.
The schedule for the 2025 NOFA is:
- NOFA posted to the web: January 21, 2025
- Pre-proposal conference: February 5, 2025
- Application submission deadline: March 24, 2025
- Applicants notified of decisions: April 30, 2025
Information on Payment in Lieu of Taxes (PILOTs) Tax Analysis and the Prince George’s County Supplier Diversity and Equity Plan can be found on the DHCD website.
Photo Caption: The developer of Residences at Springbrook in Clinton, MD used HOME and Housing Investment Trust Funds for gap financing to build this new construction senior apartment community.
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Permanent Rent Stabilization Act Listening Sessions Held for Community Input
The last of three listening sessions on the Permanent Rent Stabilization and Protection Act of 2024 (PRSA) was held on February 13, 2025, by the DHCD and the Department of Permitting, Inspections and Enforcement (DPIE) to seek the input of stakeholders and interested parties as the County moves forward in drafting regulations and creating policies and procedures to implement this new law.
The PRSA became effective on October 17, 2024, and is designed to protect renters from excessive rent increases while ensuring landlords can maintain their properties. This law sets clear limits on how much rent can increase annually for most rental units (regulated units), with special provisions for senior housing and exemptions for specific types of properties. This ensures that renters are protected from unreasonable rent hikes, offering stability, and predictability in housing costs.
If you missed any of the Listening Sessions, please visit the PRSA webpage to see the PowerPoint presentation about the law, watch the full video of the last virtual listening session, or learn more about PRSA.
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DHCD Celebrates Black History Month
In recognition of Black History Month, DHCD is proud to honor two historically black communities in Prince George’s County, Fairmount Heights and Glenarden, as well as Maggie Walker, who in 1903 became both the first African American woman to charter a bank and the first African American woman to serve as a bank president. Through her work, Maggie provided mortgages to African Americans to purchase their first home. DHCD also recognizes the historic Fair Housing Act of 1968, a federal law that prohibits discrimination in housing based on race, religion, sex, national origin, disability, and family status. It was signed into law by President Lyndon Johnson on April 11, 1968.
Follow DHCD on all its social media platforms to learn more about its honorees for Black History Month.
Photo Credit: Milwaukee Journal Sentinel
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Along with affordable housing developers who are building multifamily housing in Prince George’s County, DHCD traveled to Annapolis to make a presentation to the Prince George’s County Senate Delegation on the importance of the Rental Housing Works (RHW) budget.
Funded with State general obligation bonds, RHW makes low-interest rate loans to Maryland businesses to construct or rehabilitate moderately priced rental apartments for income eligible senior citizens, families, and persons with disabilities. The loans developers receive from RHW are repaid with interest, and RHW housing brings new revenues to the state and local governments, including property taxes, impact fees, capital facilities fees, tap fees, building permit fees, transfer taxes, and government financing fees for the State.
Financed through the State of Maryland’s Department of Housing and Community Development's Multifamily Bond Program and Low Income Housing Tax Credit Program, RHW creates jobs and strengthens the Maryland economy by providing gap financing for the creation and preservation of affordable rental housing.
Photo Caption: State Senator Michael Jackson (center) with (from left to right) Stephanie Proestel, Executive Director of Housing Initiative Partnership (HIP); Alexis Revis Yeoman, Legislative Liaison, DHCD; and Aspasia Xypolia, Director, DHCD
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Ashley Johnson-Hare
Title: Deputy Director
Years of Service: 1 year
Quote: “I approach my job with the highest level of integrity ensuring that everyone I engage with – from elected officials to constituents to youth community members to prospective neighbors – feels respected and heard. As a public servant, my goal is to establish and maintain the trust of all stakeholders that my work touches.”
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