At FCAR, we believe in the comfort that comes from being a part of a strong community. We've assembled a list of other community organizations that feel the same way.
These groups have different strengths and abilities to help. We encourage you to contact these organizations directly to find out about the assistance they offer.
Sold on Frederick II
The Community Development Block Grant (CDBG), a grant from the Department of Housing and Urban Development, funds the Sold on Frederick II program. Funding is being used to allow homebuyers to borrow the money needed for the down payment and closing costs when purchasing a home.
CDBG provides citizens access to affordable to homeownership in The City of Frederick. Click on the link below to learn more about this exciting program.
Community Foundation Human Needs Assesment
The Community Foundation commissioned and has completed the 2018 Frederick County Human Needs Assessment to continue the work started in 2011 to help determine the most pressing needs in Frederick County. The purpose of this work is to provide the greatest positive community impact over the next five to ten years through its grantmaking and scholarship programs and to provide a solid, unbiased assessment of greatest needs as identified now and trends for the future.
The results of the 2018 Human Needs Assessment elevate the following as high priorities in Frederick County:
Supporting families with children.
Preparing for a growing elderly population.
Responding to a substance use disorder.
These three issues include important elements of the human needs identified by the 2011 effort.
Maryland WholeHome grants and loans can be used to upgrade to energy efficient appliances, repair or replace heating and cooling systems, replace insulation, add accessibility features for seniors or those with special needs, remove lead paint, upgrade plumbing, and address structural and maintenance issues.
The Community Legacy program provides local governments and community development organizations with funding for essential projects aimed at strengthening communities through activities such as business retention and attraction, encouraging homeownership and commercial revitalization.
Multifamily Bond Program
The purpose of the Multi-Family Bond Program is to increase the construction and rehabilitation of multi-family rental housing for families with limited incomes. Tax-exempt and taxable bonds and notes provide below-market and market rate construction and permanent financing. Taxable bonds provide market-rate construction and permanent financing to leverage federal Low-Income Housing Tax Credits, and to finance projects and activities which are ineligible for tax-exempt bonds.
Low Income Housing Tax Credits
Tax Credits are awarded on a competitive basis to nonprofit and for-profit sponsors of eligible housing projects. Awards are based on the criteria outlined in the State's Allocation Plan. Projects financed with tax-exempt bonds may be eligible for Tax Credits outside of the competitive process. Project sponsors, or in the case of syndication, investors claim the Tax Credit on their federal income tax return.
Rental Housing Funds
The Department's Rental Housing Funds are composed of a number of programs all of which aim to rehabilitate or create rental housing. Although there are specific programs for housing rehabilitation, nonprofit sponsors and elderly housing, the department allocates these funds collectively to best provide for rental housing in the State. A portion of the federal HOME moneys administered by the State also are included in Rental Housing Funds. The programs are generally designed to be compatible with tax-exempt or taxable bond financing, low-income housing tax credits, and other private or public funds.
Rental Housing Works Program
The purpose of Rental Housing Works is to create jobs and strengthen the Maryland economy by providing gap financing for the creation and preservation of affordable rental housing financed through the Maryland Department of Housing and Community Development’s Multifamily Bond Program and Low Income Housing Tax Credit Program.
Group Home Program
The purpose of the Group Home Program is to help individuals, qualified limited partnerships, and nonprofit organizations to construct or acquire or acquire and modify existing housing to serve as a group home or assisted living unit for eligible persons and households with special housing needs or to refinance mortgages on existing group homes.
Maryland Affordable Housing Trust
The Maryland General Assembly created the Maryland Affordable Housing Trust in 1992 to make affordable housing more available throughout the State of Maryland. The Trust is governed by a Board of Trustees and staffed by the Maryland Department of Housing and Community Development. A portion of the interest generated by title company escrow provides the funding for the Maryland Affordable Housing Trust.