As­sisted Hous­ing Re­lief Pro­gram: $10 Mil­lion

The Dundalk Eagle - - OBITUARIES -

The res­i­den­tial rental in­dus­try is ex­pe­ri­enc­ing a re­duc­tion in rental pay­ments com­bined with in­creased main­te­nance costs. Ap­prox­i­mately 9,000 of the 45,000 state­fi­nanced rental units in Mary­land are cur­rently delin­quent at an es­ti­mated cost of $3 mil­lion per month.

The As­sisted Hous­ing Re­lief Pro­gram is in­tended to help bring rental delin­quen­cies cur­rent for those units and pro­vide real re­lief for the ten­ants af­fected by the COVID-19 pan­demic through di­rect pay­ments to the el­i­gi­ble prop­erty man­age­ment com­pany.

Once a pay­ment for back rent from the As­sisted Hous­ing Re­lief Pro­gram is re­ceived by a land­lord, ten­ants will have their rental debt elim­i­nated and no longer face the threat of evic­tion.

The pro­gram will in­clude rental units in mul­ti­fam­ily projects fi­nanced by DHCD’s Com­mu­nity De­vel­op­ment Administra­tion us­ing state funds or fed­eral re­sources, such as the Low-In­come Hous­ing Tax Credit pro­gram where the unit rent is con­trolled.

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