Quick Search

Featured Listings

Market Statistics

real-time real estate market research

First Time Homebuyer Tax Credit Countdown

Categories

Local Resources

Blogroll

Archives

Archives

Habitat for Humanity Partners With Montgomery County Maryland

November 7th, 2008 categories: Movin Community Help, Movin Consumers, Movin Real Estate News

The Montgomery County Maryland Branch of Habitat for Humanity has had a Memorandum signed by County Executive, Isiah Leggett to purchase foreclosed properties in the County.   The plan is to purchase up to 10 homes in the county and refurbish the homes for Habitat families.

 

Leggett has increased the Housing Initiative Fund from $20 million a few years ago to $53 million dollars in the current fiscal budget.

 

The county will budget up to $350,000 per property to be purchased and refurbished.  The benefit is two fold;  The first benefit is to clean up vacant properties in County neighborhoods.  The second is to help families find affordable home ownership in Montgomery County Maryland.

Click here to read the official press release from Montgomery County, Maryland.

This entry was posted on Friday, November 7th, 2008 at 8:37 pm and is filed under Movin Community Help, Movin Consumers, Movin Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

Stumble it! Add to Technorati Favorites Directory of Real Estate Blogs ActiveRain Real Estate

Copyright © 2008 Movin Maryland     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs