With Prices Soaring, State of Maryland to Help Buyers Afford Homes

Summary

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The shortage of affordable work force housing in Maryland created by skyrocketing real estate prices inspired a new state program, to be launched today, to help home buyers get a foot in the door.

House Keys for Employees will match employer, local government, union or nonprofit agency contributions to down payment or settlement expenses for participants of the Maryland Department of Housing and Community Development's More House for Less program, a state-sponsored mortgage program.

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With Prices Soaring, State of Maryland to Help Buyers Afford Homes

We have understood that housing is an issue, particularly with housing prices increasing, said Mary Burkhold...

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