Affordable Housing Committee Assists Home Sales – $25,000 Awarded!

Lenders in Frederick MDThis article was written by a fellow Affordable Housing Committee member Judy Thompson of Mackintosh Realtors on Patrick Street.  If you have question you can contact here at 301-662-0155.  Judy writes most (if not all) of our article that are placed in the Frederick News Post and the Gazette.

 

In its June meeting, the Affordable Housing Committee awarded $15,000 to three applicants for closing cost/down payment assistance. Each applicant received a deferred loan of $5,000. At the July meeting, history repeated with two applicants receiving a total of $10,000

Applicants must be 18 or older, must meet all first mortgage guidelines, must contribute at least $500 of their own money, must occupy property as a primary residence, must own no other property, and must meet income limit restrictions. The properties purchased must be within Frederick County, must be owner-occupied and cannot be rented or used for business purposes and must pass a home inspection by a certified home inspector.

Monies used to date have come via grants from The Partnership for Housing and the Board of County Commissioners. The Committee will be seeking corporate sponsorships as well.

We are hopeful that one or more of the recipients will agree to write a column in the future so that you can get to know them. These folks are contributing members of Frederick County’s Workforce.

UPCOMING LUNCHEON FOR TEACHERS NEW TO FREDERICK COUNTY!

Frederick County Association of REALTORS® is sponsoring the 2nd Annual Welcome Luncheon for teachers new to the county. The event will be held August 16th at Urbana High School. Frederick County Public Schools expects 350-375 new hires this year. Terry Fox, FCAR’s President will welcome the teachers to Frederick County. Members of the Affordable Housing Committee will be on hand to assist with arrangements and hand-outs. Members have been busy soliciting non-commercial materials of interest and help to people moving into the county. 

Rental Property for Teachers? If you have a property to rent and would consider a teacher, contact Holly Changuris, Frederick County Teachers Association (FCTA), @301.662.9077 or hchanguris(at)mstanea.org This is the same list the Human Resources Department of Frederick County Public Schools uses.

Home Buying Workshop

If you are interested in learning the ins-and-outs of buying a home, Please come to our Home Buying Workshop

 

When?

  • Thursday, September 6, 6PM- 9PM. 

  • Saturday, October 20, 9AM-Noon 

  • Monday, November 5, 6-9PM.

Where?: Frederick Community College, Bldg E, Conference Center

How Much? $10 at Door ($5 to FCC, $5 FCAR Deferred Loan Program

Questions?: FCAR 301.663.0757. We hope to see you there!

See Also:

If you liked that post, then try these...

Housing Market in Frederick MD on September 17th, 2007

They "Duped" em. Down Payment Assistant Programs feeling slighted on August 21st, 2008

Preferred Mortgage Lenders in Frederick MD on July 5th, 2007

Open Houses in Frederick MD 8/25 - 8/26 on August 25th, 2007

Market Conditions Frederick MD on August 20th, 2007


Bob is a licensed Real Estate agent in Maryland and Pennsylvania. You can contact him via email at bob@gotbob4homes.com or call him on his cell phone at 240-285-4918.  Bob left the Frederick area to manage a resort office near Deep Creek Lake in Western Maryland. He still stays in touch with the area that he has grown to love.


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