The Hogan Administration recently announced the first home purchase under a new homeownership initiative designed to ease the burden of student debt. According to a press release, Maryland SmartBuy, within the Department of Housing and Community Development (DHCD), is the first program of its kind in the country and will make move-in-ready homes available to buyers while eliminating student loan debt burden, which is often a significant barrier to homeownership for younger homebuyers. To learn more about the initiative, click here.
