Maryland Department of Housing and Community Development Awards Financial Services Contract to MCIC (April 2026)

The Maryland Department of Housing and Community Development deployed the full $30 million FY26 BVRI allocation to MCIC to lend to community development organizations for reinvestment in vacant properties. MCIC has executed loan agreements with all BVRI CDOs and has disbursed about $8.5 million to date.

Scope & details

The full contract record, as filed.

Contract amount

$30 million

Contract type

FINANCIAL_SERVICES

Contract term

FY26

Renewal date

2027-06-30

Renewal

Single-year FY26 deployment of BVRI funds; future rounds will be recommended to the secretary at the end of May for announcement in June, but no specific renewal terms are described for MCIC.

Document type

Minutes

Source document

Baltimore Vacants Reinvestment Council Minutes April 20, 2026

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Baltimore Vacants Reinvestment Council (BVRC) Meeting Minutes December 2025

ONGOING

Maryland Department of Housing and Community Development, Marylandsecond $10 million disbursement for FY26; about $1.1 million in technical assistance awards; $1.6 million total technical assistance fund; $1.44 million in BVRI acquisition funding forgivenDec 16, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Maryland Department of Housing and Community Development?

MCIC was awarded this financial services contract by Maryland Department of Housing and Community Development, as recorded on April 20, 2026. The contract value is $30 million.

How much is the MCIC contract with Maryland Department of Housing and Community Development worth?

The MCIC contract with Maryland Department of Housing and Community Development is valued at $30 million, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Baltimore Vacants Reinvestment Council Minutes April 20, 2026 (Minutes), dated April 20, 2026 from Maryland Department of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MCIC hold?

MCIC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Maryland Department of Housing and Community Development currently buying?

Explore Maryland Department of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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