This section provides information for Developers and for Property Managers on Montgomery County's multifamily housing development and rehabilitation programs.  The county utilizes two main funding sources for multifamily projects including county Housing Initiative Funds (HIF) and federal HOME Investment Partnerships Program (HOME) funds.

 For Developers:

• Policies and Procedures Manual (pdf) NEW!
• The Housing Initiative Fund FY '06 and '07 Annual Report (pdf) NEW!
• A Look at the Multifamily Section (pdf) or (PowerPoint) NEW!
• Montgomery County's Affordable Housing Needs and Programs (pdf) or (PowerPoint)
• The Multifamily Funding Guide (pdf) is now available.  It contains:
  • A summary of HOME Program and HIF achievements
  • An overview of key county and HOC housing programs
  • Threshold Criteria and Funding Guidelines
  • The loan review process
  • A sample application with attachment
• Interested in applying?  Multifamily Application (MS Word fillable)
• More Information (Past Presentations)
  • Housing Initiative Fund 
  • HOME Program (pdf) or (PowerPoint)
• Regulatory Assistance
  • Housing Initiative Fund
  • HOME Program
• Accomplishments
  • Completed HOME Program Projects NEW!
  • Completed HIF Projects NEW!

Please contact Lawrence Cager if you need additional information. We look forward to working with you if you decide to pursue an affordable housing development in Montgomery County.

For Property Managers:

Federal and county regulations can be tough to understand and interpret.  We have designed several tools to make complying with these regulations easy for you.  Below you will find links to PowerPoint presentations, manuals, CheatSheets, and full regulations.  This way there will be no surprises during annual reviews.

A note on tenant certification/annual recertification:  Many of the county's multifamily projects contain several layers of financing.  Sources like the state's Low-Income Housing Tax Credit Program and various rental subsidy programs mandate annual tenant certification, the purpose being to assure that assisted units are occupied only by eligible households.  This can become a burdensome, paper-filled task for managers.  In order to streamline the process, the county allows property managers to use many of the certification forms from other programs.  Contact the county to see if your certification forms are eligible.

• Annual Certification Resources
  • Current Rent and Income Limits (effective 4/2008) NEW!
  • Current Utility Charts (effective 12/2007) NEW!
  • County Standard Recertification Package
  • Link to LITHC Forms - Click on "Maryland" (under the State Agency Contracts menu)
• Compliance Newsletters
  • August/September 2007
  • June/July 2007 
  • May 2007
  • April 2007
  • March 2007
• HOME Program Resources
  • An Introduction to the HOME Program (pdf) or (PowerPoint)
  • HOME Program Compliance Manual
  • HOME Compliance CheatSheet
  • Regulatory Assistance
• HIF Compliance Resources
  • HIF Compliance Manual (coming soon!)
  • HIF Compliance CheatSheet 
  • Regulatory Assistance

For additional information on HOME and HIF compliance, to subscribe to future compliance newsletters, or to suggest additional tools to ease compliance, please contact Tim Goetzinger, Loan and Asset Manager.