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MD DCHD New Program helps residents buy a home with student loan debt

Great new program for MD residents with student loan debt

MD DHCD: Maryland for the better...

MMBA-5.7

Annapolis, MD – Governor Larry Hogan and Secretary Kenneth Holt this week announced a $20 million initiative aimed at members of the Millennial Generation that will give a boost to otherwise qualified buyers who have been unable to move into homeownership because of significant student debt.

Through the “You’ve Earned It!” initiative, the Maryland Mortgage Program is offering a 2.75 percent fixed rate, 30-year mortgage and $10,000 in down payment assistance to qualified homebuyers with more than $25,000 in student loan debt. The program is open for a limited time to families purchasing a home in one of Maryland’s 82 Sustainable Communities. Maryland’s Sustainable Communities program seeks to strengthen reinvestment and revitalization in the state’s older communities through state, local and private sector partnerships. There is at least one designated Sustainable Community in each of Maryland’s 23 counties and Baltimore City.

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Snow Removal law for Washington DC Home Owners

Be prepared Washington DC Homeowners if you have a public sidewalk be prepared to face a higher fine for not keeping your walk snow free.  We are anticipating more snow fall this year so get plenty of shovels.

The law states “DC law requires property owners to clear snow and ice from sidewalks, handicap ramps and steps on their property within the first eight daylight hours after the snow, sleet or ice stops falling.”

The fines are imposed by the city and more info can be found at. http://dpw.dc.gov/service/dc-snow-removal

Tips for DC homeowners get a neighborhood snow shovel team together to make it go faster.  Buddy up with a neighbor and take turns sharing an area.  Pay teenagers to help they often love a chance to make extra money. or Just suck it up as a chance for extra exercise……

POSTED BY DEANDREA JONES HOME BUYERS MARKETING II, INC
GREATDCMETROHOMES.COM      703-596-5884