As of Tuesday, Montgomery County has distributed $28.6 million of its $59 million in COVID-19 rent relief funding from the U.S. Treasury Department.The County Health and Human Services (DHHS) staff shared this information during a virtual County Council meeting. 50% of rental assistance applications have been completely closed out and 30% are actively with a […]
Montgomery County Hosts Free Seminars for Landlords and Tenants
The Office of Landlord-Tenant Affairs and the Commission on Landlord Tenant Affairs will present two free seminars this month for landlords and tenants. The first seminar, “Information All Landlords Should Know,” will be held on April 21, at 7 p.m. at the East County Community Recreation Center, 3310 Gateshead Manor Way, Silver Spring. Landlords with […]
Big Demand for Affordable Housing in Montgomery County
The need for affordable housing in Montgomery County is great as seen by the response to a new portal that allows anyone interested in obtaining housing assistance to apply online. More than 7,000 people completed applications within the first 24 hours of the Housing Opportunities Commission (HOC) launching its new housing wait list (HOCHousingPath.com), and […]
There Are Great CRE Deals, But No Free Lunches
As was discussed in the last edition of Edell’s Premises, the deals are great for office tenants looking to renew or relocate, but tenants need to make sure that your financial house is in order. Landlords have learned from previous experiences that attracting tenants with aggressive concession packages and affordable occupancy costs does not ensure […]
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