The two programs being funded by the County are the Montgomery Homeownership Program, administered by the State of Maryland’s Department of Housing, and the Montgomery County Homeownership Assistance Fund (McHAF) Program, administered by the Housing Opportunities Commission of Montgomery County (HOC). Each program will receive $1.5 million to assist first-time homebuyers.
The programs are accepting reservations and are available to help eligible homebuyers who purchase a moderately-priced home in the County. Reservations will be accepted until the funds are fully committed.