County Affordable Housing Funds Total $139.3M in FY27
MCCouncilMay 15, 2026
The Montgomery County Council's FY27 budget provides $77.5 million for the Department of Housing and Community Affairs, $52.3 million for the Housing Initiative Fund, and more than $9.5 million for the Housing Opportunities Commission. Capital funding includes a $6.9 million appropriation for the Affordable Living Quarters project in Rockville, which will provide 18 deeply affordable furnished units, and $25.4 million for a Diversion Center to provide crisis stabilization services.
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Source: Montgomery County Council – Press Release, “Montgomery County Council Reaches Agreement on $7.9 Billion Fiscal Year 2027 Operating Budget Focused on Implementing a Progressive Income Tax Structure, Rejecting the Proposed Property Tax Rate Increase and Supporting Essential Services for Residents”, received May 15, 2026.
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