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February 2025 Affordable Housing Committee Update
As of February 4th, 2025, the local assistance grants still have funding: Community Block Grant: $81,557 to spend by July 31st (up to 20% of the purchase price of the home can be requested) Pathway Funds: approximately $41,250 remaining to help 6 more clients by June 30th ($6,875/per household) FHLB funds for down payment assistance will be available …
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Affordable Housing Forum a Success
Garrett County Board of REALTORS recently hosted an Affordable Housing Forum at Garrett College to discuss current projects, efforts throughout the county, and field questions from the public. The event was open to the public and free for those to attend, providing a delicious spread for lunch, thanks to a grant from the National Association …
Funding Restored for First Time Homebuyer Programs
Garrett County Community Action recently announced that funding has been restored for first time homebuyer programs available to Garrett County residents. The program could cover up to 20% of the purchase price that can go towards the down payment and/or closing costs. This is especially beneficial because there is no interest changed on the loan. …
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