Housing funds for MontCo employees go unused

Published



A half-million dollars intended to help Montgomery County employees buy homes in the pricey jurisdiction has sat unused for more than a year, provoking the charge that County Executive Ike Leggett has failed to act.

A May 2007 resolution, authored by Council President Mike Knapp and passed by the council, set aside $500,000 for Montgomery’s participation in the Maryland “House Keys for Employees” program. The state will match contributions from employers, up to $5,000, toward down payment and closing costs. Seven other counties, including Prince George’s, Anne Arundel and Frederick, participate in the program. Montgomery has yet to sign up for it.

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