MD Gov Moore Announces Over $1 Billion in Awards for Affordable Rental Housing Construction in Fiscal Year 2026

Governor Moore announces more than $1 billion in awards for Loch Raven Overlook and other affordable rental housing construction projects

TOWSON, Md. — Gov. Wes Moore announced Tuesday that the state has awarded more than $1 billion in awards for the construction and preservation of affordable rental housing in fiscal year 2026, including a major investment in a new family community in Towson. The funding, administered by the Maryland Department of Housing and Community Development, will support the development of Loch Raven Overlook, a 72-unit family housing project located in To…

MD Gov Moore Announces Over $1 Billion in Awards for Affordable Rental Housing Construction in Fiscal Year 2026

Over $1-billion has been awarded by the Maryland Department of Housing and Community Development for low-income housing tax credits and provided financing through state rental housing funds, the Multifamily Bond Program and energy efficiency programs. This funding will create or preserve over 3000 affordable rental units. Including – 68 family units at the Village at Mitchell Pond in Salisbury. This is the 3rd consecutive year that the Moore-Mil…