Maryland Veterans Receive Down Payment Assistance
A new Maryland program is designed to give veterans and military personnel a financial break when buying a home.
Active-duty members of the military and veterans can request $10,000 toward settlement costs and the down payment through the Maryland Homefront program.
The $10,000 will go a long way toward helping military personnel and vets own their own homes, said William Ariano, deputy director of community development in the Department of Housing and Community Development, or DHCD. Ariano administers Maryland Homefront.
“They need a place to live and a job, and what we have done with this initiative is help them get there,” Ariano said.
There are 16,000 Marylanders who have served in Iraq, Afghanistan or both. Veterans may use this benefit anywhere in the state, Ariano said.
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