January enrollment is open for applications and will end January 31, 2008. This program requires developers and or builders to sell or rent housing in certain districts to households of moderate income.
The Department of Housing & Community Development is hosting a workshop for potential renters or buyers:
Date: Monday, January 14, 2008
Time: 7 p.m.
Where: George Howard Building (Banneker room)
Eligibility to buy: Household income cannot exceed 80% of Howard County median Income or $75,408( for a family of four)
Eligibility to rent: Household income cannot exceed 60% of Howard County median income or $56,556( for a family of four)
*Base sale prices for MIHUs range from approximately $110,000 for a condominium to approximately $225,000 for a single-family home. Prices vary, depending on the size and amenities of the unit. Rents range from about $1,060 to $1,640, including utilities.
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