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Maryland Department of Housing and Community Development (DHCD) — Community Development Administration Market Study Checklist

The items Maryland Department of Housing and Community Development (DHCD) — Community Development Administration requires in the site, market area, economy and data-currency sections of a LIHTC market study, each with the guideline it comes from.

Source: Multifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study (Effective April 8, 2026); read 2026-10-25 · Updated October 2026

Required items

Required itemWhere required
Area services table and map: public services, grocery, medical facilities, public transportation, recreation, education, mass transit or rail systems, community amenitiesMultifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12(5)(c)(i), p. 41
Public transit: convenient access to mass transit or rail systems must be describedMultifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12(5)(c)(i), p. 41
Study within 6 months of the applicationMultifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12 Market Study, p. 40 (also §2.4.1, p. 8: "With the exception of market studies, which must be less than six (6) months old, all documents")
Analyst: DHCD list of acceptable market analysts; NCHMA peer review; NCHMA Model Content Standards (confirm before submission)Multifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12 item 1, p. 40 (item 4: "The Market Study must be consistent with the most recent version of the NCHMA Model Content Standards for Rental Housing Mark[et Studies]"; also "undergone peer review by the National Council of Housing Market Analysts (NCHMA)")
Other exhibit: Crime statistics for PMA relative to overall area (no named source)Multifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12(5)(c)(ii), p. 41
Other exhibit: Multifamily Mapper proximity report (properties within up to five miles)Multifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12.1 item 10, p. 42 (continues: identifying properties within up to five (5) miles of the project site)
Other exhibit: Concise executive summaryMultifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12, p. 40
Other exhibit: Site and surrounding area descriptionMultifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12(5)(c), p. 41
Other exhibit: PMA geographic definition (not a simple radius)Multifamily Rental Financing Program Guide (attachment to the Maryland Qualified Allocation Plan), Section 3.12 Market Study — 2026 Multifamily Rental Financing Program Guide, Section 3.12, p. 40

LIHTC market study requirements in Maryland → — staleness window, capture-rate threshold, QAP link and the full section list.

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This checklist restates Maryland Department of Housing and Community Development (DHCD) — Community Development Administration's published market study guidance as understood by StudyScribe on the date above; it is not legal or compliance advice. Confirm against the current guideline linked at the top before submitting.