Maryland State Government and Public Real Estate News

WASHINGTON, D.C. – (RealEstateRama) — Home sales remain strong with a 15.6 percent increase statewide from May 2015, according to the Maryland Association of REALTORS®, (MAR).  Average and median prices grew by 1.7 and 2.6 percent respectively as compared to the same period in 2015. Areas of the state with fewer transactions show more dramatic […]
U.S. Senators Barbara A. Mikulski and Ben Cardin (both D-Md.) today announced $738,024 in funding from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) to help find permanent housing for Maryland veterans experiencing homelessness. The rental assistance funding is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program which combines rental assistance from HUD with case management and clinical services provided by the VA. In total seven agencies across the state will receive 89 vouchers to house homeless veterans.
The Department of Housing and Community Development has opened the FY17 application round for three of the four available State Revitalization Programs. Work continues on a block in southeast Baltimore City using State Revitalization funding.
WSSC’s Bi-County Water Tunnel Project has been selected as Project of the Year by American Society of Civil Engineers’ (ASCE) National Capital Section. The ten-year project culminated when the pipeline went into service in March 2015 and was constructed to meet the future water requirements for both Montgomery and Prince George’s counties resulting from economic development and growth
In a disappointing decision for Maryland consumers, Gov. Larry Hogan today vetoed legislation that would move the Maryland’s renewable portfolio standard (RPS) to obtain 25 percent of the state’s electricity from renewable sources within four years. The bill earlier passed with a veto-proof majority in both the state Senate and House, meaning the bill will come back for an override vote in early 2017
The overall number of persons experiencing homelessness in Montgomery County decreased by 11%, as reported in the Metropolitan Washington Council of Government’s (COG) 2016 point in time survey, released yesterday at COG’s board meeting. Conducted annually in jurisdictions throughout the region, the survey was conducted on January 28, one day later than planned because of the January blizzard. On the night of the count, there were 981 persons who were homeless in Montgomery County, as compared with 1100 persons counted in 2015
Montgomery County reaffirmed its longstanding commitment to public safety and clean energy technologies by joining the U.S. Department of Energy in a program designed to enable the County to provide uninterrupted public safety services during major storms and power outages while saving energy and money. As a partner in the Combined Heat and Power for Resiliency Accelerator, the County is an early leader among local governments nationwide in the use of environmentally friendly technologies.
GCAAR is pleased to update its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Monthly analysis of theWashington, DC and Montgomery County, MD housing markets gets more detailed attention here, while GCAAR continues to be your source for ear-to-the-ground reporting from our REALTOR® members. 
The Montgomery County Department of Environmental Protection (DEP) is reminding the County’s building owners about the upcoming building energy benchmarking deadline of Wednesday, June 1, 2016. Building owners who have properties 250,000 square feet and greater (“Group 1 buildings”) must benchmark their building’s calendar year 2015 energy use in ENERGY STAR® Portfolio Manager® and report the data to DEP no later than June 1
On Wednesday, April 13, staff from the Maryland Department of Housing and Community Development and the Maryland Department of Planning toured East Baltimore to see the progress of state investments in blight elimination, affordable housing and creation of new community open spaces
For the Department of Housing and Community Development, partner organizations play a critical role in the agency’s success. On Friday, April 22, the Maryland Mortgage Program held its annual awards breakfast. The event honored the program’s top performing lender partners in 2015.
U.S. Senator Ben Cardin (D-Md.), a senior member of the Environment and Public Works Committee, praised the bipartisan effort to finally move forward sweeping reforms and support to our nation’s drinking water systems by providing new federal tools to address many of the issues faced as our water infrastructure crumbles due to age and growing demands. The Water Resources Development Act (WRDA) contains language first introduced in 2009 by then Chairman of the EPW Water and Wildlife Subcommittee Cardin, from S. 1005, the Water Infrastructure Financing Act. In addition to other Cardin-authored bills, WRDA includes much of S. 2821, the TRUE LEADership Act (Testing, Removal and Updated Evaluations of Lead Everywhere in America for Dramatic Enhancements that Restore Safety to Homes, Infrastructure and Pipes Act of 2016), a comprehensive effort introduced earlier this April by Senator Cardin with 29 of his colleagues that recommits the federal government to a critical role in water infrastructure investment, lead remediation and the strong drinking water protections provided by the Environmental Protection Agency (EPA).
Dr. Charles Boustany (R-Lafayette) supported passage of H.R. 2901, the Flood Insurance Market Parity and Modernization Act, introduced by Representative Dennis Ross (R-FL). The bill was passed unanimously in the House of Representatives.
The Maryland Department of Housing and Community Development announced the awardees of the Hogan administration’s Maryland Business Recovery Storefront Improvement Grant Program. The program aims to improve building and storefront exteriors, enhancing the visual appeal and marketability of individual buildings and commercial districts affected by the civil unrest in 2015.
Representatives from the Maryland Department of Housing and Community Development joined the U.S. Department of Housing and Urban Development, the Maryland Department of Disabilities, the Maryland Department of Health and Mental Hygiene, Harford County Housing and Community Development, and other partners for the grand opening of the Riverwoods at Tollgate community in Abingdon, Maryland’s first-ever Section 811 housing development
AG Gansler Announces Settlement With Property Manager

Pikesville company agrees to return tenants’ security deposits

Baltimore, MD – September 26, 2013 – (RealEstateRama) — Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has reached a settlement with Pikesville-based American Equity Property Management (“AEPM”) and the company’s owners, Boris Peters and Michael Klein, resolving allegations that the property management company improperly held tenants’ security deposits in its operating account instead of a separate trust account. Find a loan officer more »

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