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Howard County Housing Department accepts Moderate Income Housing Unit applications

October 1, 2018

Media Contacts:
Mark Miller, Administrator, Office of Public Information, 410-313-2022
Kelly Cimino, Director, Department of Housing and Community Development, 410-313-6318

Free informational workshops scheduled for October 17th, 24th and 25th 

ELLICOTT CITY, MD – Howard County Department of Housing and Community Development (DHCD) is now accepting applications for its Moderate Income Housing Unit (MIHU) program. Applications for the MIHU homeownership program are being accepted through Wednesday, October 31.

During the month of October, DHCD will host three MIHU workshops to explain the program’s eligibility requirements and the application process. The workshops are free and open to the public; however, registration is required. On Wednesday, October 17, DHCD will host its MIHU RENTERS Information Workshop from 6:00 to 8:00 p.m. in Room 211 of DHCD’s offices at 9820 Patuxent Woods Drive in Columbia. To register for this workshop, visit https://www.eventbrite.com/e/mihu-renters-information-workshop-tickets-50711710090
 
On Wednesday, October 24, DHCD will host its first of two MIHU HOMEOWNERSHIP Information Workshops from 6:00 to 8:00 p.m. in Room 211 at 9820 Patuxent Woods Drive in Columbia. To register for this workshop, visit https://www.eventbrite.com/e/mihu-homeownership-information-workshop-option-1-tickets-50711251719

The second MIHU HOMEOWNERSHIP Information Workshop will take place on Thursday, October 25 from 6:00 to 8:00 p.m. in Room 211 at 9820 Patuxent Woods Drive in Columbia. To register for this workshop, visit: https://www.eventbrite.com/e/mihu-homeownership-information-workshop-option-2-tickets-50711491436
 
For more information on either workshop, contact DHCD’s Housing Opportunities Programs Division at 410-313-6318 and select option two or visit www.howardcountymd.gov/MIHU_openenrollment.

To purchase an MIHU home, individuals must apply to DHCD during an open enrollment period to be placed in the database. To qualify, an applicant’s household income may not exceed 80% of Howard County’s median income (example: maximum $96,753 for a four-person household). Applicants must meet minimum credit score requirements and household income must be sufficient to qualify for a mortgage based on industry standards. Sale prices for MIHUs can range from $259,900 for a new condo to $311,000 for a new townhouse. Actual sale prices vary depending on the size and amenities of the unit.

Homeownership opportunities are currently offered at below-market sales prices in several communities, including Oxford Square in Hanover, Shipley’s Grant in Ellicott City and Waverly Grove in Woodstock. Previously owned homes throughout the county are also for sale under the MIHU program as they become available. With relatively low interest rates still available, individuals and families with incomes as low as $60,000 may qualify to purchase a home. MIHU homeownership program applications are available online at www.howardcountymd.gov/MIHU_openenrollment or in the DHCD’s office, located at 9820 Patuxent Woods Drive, Suite 224 in Columbia.

To rent an MIHU unit, a qualified applicant’s household income may not exceed 60% of the Howard County median income (example: maximum $50,795 for a one-person household and $72,565 for a four-person household). MIHUs are rented on a first-come, first-served basis and are interspersed throughout each community and residents enjoy all the amenities of community life. Alta at Regency Crest, Annapolis Junction, Ashbury Courts, Azure Oxford Square, Belmont Station, Brompton House, Miller’s Grant, Mission Place, Orchard Meadows, Orchard Park, Penniman Park, Townes at Pine Orchard and The Vine currently offer MIHU apartments.  Prospective renters may apply directly to a participating rental community at any time during the year. For more information, visit www.howardcountymd.gov/MIHU_openenrollment.

Open enrollment periods for the MIHU homeownership program are held quarterly. Those interested in obtaining more information or household size/eligibility requirements should call 410-313-6318 and select option two, or visit the website at www.howardcountymd.gov/MIHU_openenrollment

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