The Charles County Commissioners signed a Memorandum of Understanding with the State of Maryland’s Department of Housing and Community Development (DHCD) to participate in the “House Keys 4 Employees” (HK4E) program. This program provides down payment/settlement expense assistance to first time home buyers who wish to purchase a home in Charles County.
This program is available to all Charles County Government employees subject to the Policy and Procedures Manual for Charles County, Maryland and, who have been employed with the County at least one (1) year and who are purchasing a home in Charles County, through the Maryland Mortgage Program (MMP) with a qualified DHCD Community Development Administration (CDA) lender.
Qualified Charles County Government employees may receive a 0% interest $5,000 deferred loan from the Charles County Commissioners to be used towards down payment/settlement expenses for their new home. In addition, the State DHCD will also contribute a 0% interest, deferred $2,500 loan to bring the total amount of assistance to $7,500 for eligible employees.
For more information, look at the Charles County Employee Information Sheet or contact the Department of Human Resources at 301-645-0563 (internal extension 2563).