Housing Agencies Receive $139M Combined in FY2027 Budget
MCCouncilMay 21, 2026
The FY2027 budget allocates $77.5 million to the Department of Housing and Community Affairs for affordable housing preservation, code enforcement, and landlord-tenant programs. The Housing Initiative Fund receives $52.3 million to support rental assistance, Housing First initiatives, first-time homebuyer aid, and affordable housing development. The Housing Opportunities Commission receives more than $9.5 million to administer public housing and federal programs including Housing Choice Vouchers.
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Source: Montgomery County Council – Press Release, “El Concejo del Condado de Montgomery Vota para Aprobar el Presupuesto Operativo para el Año Fiscal 2027 de $7.9 Mil Millones, Implementando una Estructura Progresiva para los Impuestos, Rechazando el Incremento Propuesto a los Impuestos a la Propiedad y Apoyando los Servicios Esenciales para los Residentes”, received May 21, 2026.
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