MCIC Manages $1.6M BVRI Support Fund for CDOs
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Description
The council reviewed Maryland Community Investment Corporation’s administration of BVRI disbursements and the $1.6 million BVRI Support Fund. MCIC expects to retain a portion of the fund for emerging opportunities between commitment cycles and potential renewed contributions.
Contract Details
Contract Amount
$1,600,000 initial Support Fund
Vendor
MARYLAND COMMUNITY INVESTMENT CORPORATION
Agency
Maryland Department of Housing and Community Development, MD
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Renewal Info
Council discussion indicated interest in renewing commitments to the Support Fund, with some funds intentionally held back between funding cycles.
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Issuing Agency
State Housing Authority
Crownsville, MD
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