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County details MPDU and critical workforce loan programs; staff report nearly $500,000 in loans issued this year
Summary
Kelly Huber of the county's housing office briefed the housing authority on two home-ownership support programs — the Moderately Priced Dwelling Unit (MPDU) and the Critical Workforce loan programs — and said the county has issued roughly $500,000 in MPDU loans this year and about $150,000 in critical workforce loans.
Kelly Huber, housing program administrator for Queen Anne's County, described county-run programs designed to help first-time and moderate-income buyers, including a loan product that provides up to $50,000 interest-free to qualifying buyers.
Huber said the Moderately Priced Dwelling Unit (MPDU) and the Critical Workforce loan programs provide deferred, interest-free loans to eligible buyers to help bridge affordability gaps. "In 2 and a half years that I've been doing it, I haven't had... an example there where they would be in default and we'd foreclose on them," Huber said, describing program administration and…
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