What is the Maryland Affordable Housing Trust managed by?

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The Maryland Affordable Housing Trust is managed by the Department of Housing and Community Development. This agency is responsible for promoting affordable housing options and initiatives throughout the state. By managing the trust, the department can allocate funds and resources effectively to support housing development, preservation, and assistance programs aimed at increasing access to affordable housing for low-income Maryland residents.

The other options, such as Title Insurance Producers, Independent Contractors, and Local Governments, are not responsible for the management of the Maryland Affordable Housing Trust. While local governments may implement affordable housing initiatives and work in conjunction with the Department of Housing and Community Development, the overarching management and oversight of the trust remain with the state department, which has the expertise and resources to address housing needs at a wider level.

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