Basis Radar

Maryland

Somerset County, MD

Affordable-housing capital events and public funding posture, from federal filings. 2 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.

Open Somerset County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
State Of Maryland (state) CDBG $7.4M · HOME $6M HOME undrawn $34.7M CDBG undrawn $22.8M

Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.

Recently completed subsidized projects

ProjectAmountProgramGranteeCompleted
Princess Anne Townhouses $2.5M HOME Maryland 2022-02-18
Samuel Chase Apts C/o Tm Asso Mgmt $985,000 HOME Maryland 2017-02-22
Stewart's Neck Apts $1.1M HOME Maryland 2016-08-08
Somerset Commons $1.4M HOME Maryland 2013-09-11

Pipeline snapshot

2 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.

Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.