Housing
Development - Partnership Rental Housing Program (PRHP)
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Purpose of Program |
The purpose of the Partnership Rental Housing Program (PRHP) is to expand the
supply of affordable housing for low-income families through a partnership
between State and local governments.
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Eligible Types of Housing |
New construction and acquisition or rehabilitation of rental housing are
eligible activities. Rental housing may include apartment buildings,
townhouses, single-family homes, single room occupancy (SRO) buildings and
shared housing facilities.
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Eligible Applicants |
| Local governments and housing authorities may apply for Partnership funds. The
applicant must provide a site, including roads, water, sewer, and other
infrastructure. Also, the local government or authority must have an interest
in the ownership entity of the property. The local participant must manage the
project (the local government may arrange for another party to manage the
project). Funding is available on a first-come, first-served basis, contingent
upon a completed application and having a date set to begin construction or
rehabilitation. |
Eligible Residents |
| Resident households must have a gross income which does not exceed 50 percent
of the statewide median income adjusted for family size, and must contribute
maintenance or other services to the facility, grounds or neighborhood.
Resident services are determined as part of the loan approval process. |
Loan Terms |
Repayment of the loan is not required as long as the local government or housing
authority continues to own the housing and rent it to income-eligible families.
Failure to comply with income and use restrictions may result in the imposition
of an interest penalty and a requirement for the repayment of the loan.
Repayment is limited to the amount received from the sale of the housing. Any
profits from the sale must be used by the borrower for other low-income housing
purposes.
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Local Government Involvement |
This program is designed for local governments and housing authorities to be the
project owner. They may develop and manage the project or contract with
nonprofit organizations and for-profit firms to perform these functions. Local
governments and housing authorities must contribute the site for the housing.
Applications from housing authorities must be approved by the local government.
Local governments must make increasing contributions on a percentage basis for
each subsequent project they undertake after the first project unless the
Secretary of the Department of Housing and Community Development determines
that the local government lacks adequate financial resources or has made other
commitments to affordable housing.
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For More Information, Contact: |
Housing Development Programs
Community Development Administration
Maryland Department of Housing and Community Development
100 Community Place
Crownsville, MD 21032-2023
rentalhousing@dhcd.state.md.us
410-514-7446
Toll Free (Maryland Only): 800-543-4505
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