Prime CHD Awarded 9% LIHTC Funding by Maryland Department of Housing and Community Development

October 9, 2025: The Maryland Department of Housing and Community Development announced today that Prime CHD and its partner, TM Associates, have been awarded 9% Low-Income Housing Tax Credit (LIHTC) funding to support the development of our newest affordable housing community, Tevis Place! This investment, using the 9%/4% twin structure, will bring 154 new affordable homes to Montgomery County, MD, creating a community where families at all income levels can live, grow, and thrive.

“Low-Income Housing Tax Credits and Rental Housing Program funds play an important role in the state’s effort to address the housing shortage and provide high-quality, energy-efficient, affordable housing for Marylanders,” said Maryland Department of Housing and Community Development Secretary Jake Day. “This work directly supports the Governor’s executive order, which directs the Maryland Department of Housing and Community Development to work in partnership to move faster to build new homes, make housing more affordable, and create a housing market that is more competitive.”

We’re deeply grateful to our partners, local leaders, and supporters who share our commitment to expanding access to quality, affordable housing across Maryland.