Montgomery County is stepping up its game in the affordable housing arena with a dedication ceremony that took place this morning. A total of 20 affordable townhomes in Montgomery Village are being renovated and sold to families that fit within a certain income bracket, a collaborative effort between Habitat for Humanity Metro Maryland (HFHMM), the Housing Opportunities Commission of Montgomery County (HOC), and the Montgomery County Department of Housing and Community Affairs (DHCA). "Homeownership provides families with stability and a chance to build equity, and that’s why this project matters," said County Executive Marc Elrich, per the Montgomery County Government.
These new townhomes, originally built in the 1970s and purchased from HOC by Habitat for Humanity in 2024, represent a pivotal investment in community growth. Future homeowners will be purchasing properties priced for individuals earning between 35% and 63% of the Area Median Income (AMI). According to the same Montgomery County Government news release, Council President Kate Stewart remarked, "This partnership is a shining example of quality and affordable housing that delivers on our goal to make new growth inclusive and homeownership accessible to Montgomery County families."
The renovations of these approximately 1,200-square-foot homes focus on sustainability and include replacements such as new insulated windows and energy-efficient appliances. The anticipated cost to renovate and upgrade each house stands around $120,000, but it’s not just financial investments that are making this endeavor special – future homebuyers are also putting in the proverbial sweat equity.
