Howard County Executive Calvin Ball Announces Awards for Housing Opportunities Trust Fund, Investing in Affordable Homes for Howard County F…

ELLICOTT CITY, MD – Howard County Executive Calvin Ball and the County’s Department of Housing and Community Development (DHCD) today announced awards for $4 million in funding from the Housing Opportunities Trust Fund (HOTF). These awards will support the creation and preservation of approximately 350 affordable units, as well as rental assistance and eviction prevention programs for an additional 200 households.

In 2022, Ball created Howard County’s first HOTF. A key recommendation of the County’s The Housing Opportunities Master Plan, which was released in April 2021, the HOTF is a critical funding tool that allows investment in affordable housing opportunities, homeownership programs, unit preservation, and homeless services. During his time in office, Ball invested $16 million into HOTF, which has supported new affordable housing projects, promoted affordable homeownership, provided rental assistance to older adults, and more. HOTF received an initial allocation of $5 million in Ball’s Fiscal Year (FY) 2023 budget, followed by subsequent funding allocations of $10 million in his FY 2025 budget and $1 million in his FY 2027 budget.

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