Through this grant, we’ll be able to help that many more people achieve home ownership, while revitalizing neighborhoods and providing affordable housing,” said Jim Hovis, director, Washington County Office of Community Grant Management.
Hagerstown, Md. (PRWEB) May 22, 2013
The Washington County Office of Community Grant Management successfully procured State funding through the Neighborhood Conservation Initiative. The $715,000 grant is part of a settlement reached by Maryland Attorney General, Douglas F. Gansler, with the nation’s five largest mortgage servicers for foreclosure abuses, fraud, and unacceptable mortgage servicing practices. Over 30 grant applications were submitted statewide, with only 50 percent receiving funding.
As part of the settlement, the funds were given to the Department of Housing and Community Development (DHCD) to distribute through a competitive grant process for housing counseling, foreclosure prevention, and housing programs. Washington County’s portion of the award will be implemented by three local non-profit organizations: Community Action Council for rental rehabilitation, Housing Authority of Washington County for their Rent to Own Program, and Hagerstown Neighborhood Development Partnership, Inc. for down payment assistance.
“Through a diligent effort with several organizations, we’re pleased to begin work on this investment in neighborhoods that have been impacted by the economic downturn. By leveraging our community resources to the fullest extent, we’ll be able to help that many more people achieve home ownership, while revitalizing neighborhoods and providing affordable housing,” said Jim Hovis, Director Washington County Office of Community Grant Management.
The Neighborhood Conservation Initiative’s mission is to invest in neighborhoods that have been impacted most by foreclosure and sub-prime lending. Using these criteria, the DHCD has limited Washington County’s grant activities to the 21740 zip code. Additionally, the grant will be limited to families making up to 120 percent of Washington County’s median family income.
For example, a single person living in Washington County can make up to $64,000 a year in gross income, while a family of four can have a total gross household income up to $91,450. It should be noted that there are additional qualifying factors other than the income threshold, thus meeting income requirements does not automatically make you eligible for these programs.
The ability for the Office of Community Grant Management to secure funding is vital to the fiscal health of the County because it lowers the County’s tax burden. Additionally, the efforts of Maryland Attorney General Douglas F. Gansler and DHCD Secretary Raymond A Skinner, provide a comprehensive approach to neighborhood revitalization by assisting with the stabilization of targeting neighborhoods, allowing them to become better integrated into the fabric of Washington County.
For additional information, contact Public Relations and Community Affairs Manager James Jenkins at 240-313-2384.
About Washington County, Maryland Government
Washington County, Maryland Government strives to fulfill its duty to the citizens of Washington County with regard to operational efficiency, fiscal responsibility, and responsiveness to the needs of the community. This vision is used to ably assist the Board of County Commissioners of Washington County in achieving goals for moving the County forward as present needs and future plans are addressed.
According to the Maryland Department of Legislative Services, the Washington County General Fund has one of the lowest costs per capita for services provided of all 23 counties and Baltimore City. This is attributed to the efficiency, staffing levels, and cost containment exhibited in Washington County Government operations. Visit http://www.washco-md.net for more information.