Housing and Community Development – Mortgage, Down Payment, and Settlement Expense Assistance
Sponsor: Arthur Ellis (District 28)Committee: Education, Health, and Environmental AffairsSubject: Economic and Community DevelopmentStatus: Hearing 3/23 at 1:00 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Requiring the Secretary of Housing and Community Development to take into consideration a family's student loan debt in developing eligibility requirements for certain financial assistance related to residential mortgages; clarifying that the Community Development Administration may purchase notes, mortgages, or partial interests in notes or mortgages that evidence certain new residential mortgage loans for the refinancing of existing residential mortgage loans; etc.
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Testimony (3)
MGA witness listFAV 2FavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Castelli, Bill | Individual | Oral + Written (PDF) |
| FAV | Senator Ellis, Senator Ellislegislator | Individual | Oral |
| INFO | Pickels, Hunter | Maryland Department of Housing and Community Development | Written (PDF) |