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The original item was published from 6/28/2016 10:53:00 AM to 8/27/2016 12:00:03 AM.

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Housing and Community Development News

Posted on: May 26, 2016

[ARCHIVED] 2016 Prince George's County Housing Fair Returns June 11th

Largo, MD --- According to the Washington Business Journal, “Prince George’s County continues to see one of the strongest housing rebounds in the region.” That’s why it important to mark your calendar and make plans to attend the annual Prince George's County Housing Fair on Saturday, June 11th from 9 AM to 3 PM at the Sports and Learning Complex, 8001 Sheriff Road, Landover, MD. The Housing Fair is presented by the Prince George's County Department of Housing and Community Development (DHCD) and the Housing Authority of Prince George's County and sponsored by the Maryland Department of Housing and Community Development, Bank of America and the Maryland-National Capital Park and Planning Commission.

Housing Fair attendees will have an opportunity to meet with housing industry professionals, such as mortgage lenders, realtors, rental property managers, housing counselors, banks, non-profit organizations and various government agencies. The MD Department of Housing and Community Development will host its Mortgage Late, Don’t Wait Program, bringing in major mortgage bank servicers to discuss options with homebuyers trying to avoid foreclosure. The Fair will also hold workshops on financial literacy, foreclosure alternatives, managing your money and more.

This year, two expert panel discussions will open up the Housing Fair: Condominium Ownership: Know Your Rights and the Laws. Many first time homebuyers purchase condominiums without knowing or understanding the governance behind them. This panel will enlighten potential homebuyers considering the purchase of a condo and answer questions for those who have already made their purchase. Also, the return of the popular panel, Ask the Experts: Understanding the Value of Your Home, Knowing When to Buy and When to Sell. Last year, there was standing room only to hear this free advice from the industry experts.

DHCD will present its House Lottery this year and give pre-qualified applicants a chance to win up to $10,000 toward the purchase of their first home. During the Mid-Day Event, Prince George’s County Executive Rushern L. Baker, III will draw the names of 4 winners at 12:00 noon. Applicants can down load an application from the First Time Home Buyers web page and submit it to Ms. P. J. Gardner via e-mail at: before 12:00 noon on Friday, June 10th or applicants can submit their application on-site at the Housing Fair before 11:00 a.m. All applicants must be present at the Housing Fair during the drawing to win.

Additional details about the House Lottery and eligibility requirements can be found by calling (301) 883-5300.

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