Howard County’s Department of Housing and Community Development is accepting applications for its Moderate Income Housing Unit program July open enrollment period.
To purchase an MIHU home, individuals must apply to DHCD during an open enrollment period to be placed in the database. To qualify, an applicant’s household income may not exceed 80 percent of Howard County’s median income (example: maximum $96,928 for a four-person household to as much as $127,945 for an eight-person household).
Applicants must meet credit score requirements and household income must be sufficient to qualify for a mortgage based on industry standards. Sale prices for available MIHU homes, currently range from $267,544 for a new condo to $386,938 for a new townhouse. Actual sale prices may vary depending on the size and amenities of the unit.
Applications are available online at www.howardcountymd.gov/DHCD-MIHU-Open-Enrollment and completed applications can be either submitted online; mailed to 9820 Patuxent Woods Drive, Suite 224, Columbia, Md., 21046; or dropped off at DHCD’s Patuxent Woods Drive office by appointment only. Applications are being accepted through Friday, July 29, at 4 p.m.