Central Baltimore Homebuying Incentive

Launched in 2019, the purpose of the program, which is usually matched with additional City, State, and employer-provided homebuying resources, is to create a broad range of housing opportunities in Central Baltimore.

This year, The Central Baltimore Homebuying Incentive Program will focus on reducing vacancy in targeted housing markets b providing financial assistance to low- and moderate-income home buyers interested in purchasing redevelopment housing options per the below criteria.

Overview and Criteria

We are providing five year forgivable loan products in the amount of $10,000-$15,000 for our BRNI Boost down payment assistance in the following locations:

• East Harwood properties ($10,000, 5-year forgivable, 120% AMI, homeownership counseling certificate required)

  • 2600 and 2700 block of Boone Street, Baltimore, MD 21218

• Midway properties ($15,000, 5-year forgivable, not income restricted, homeownership counseling certificate required)

  • 700 Block of E 21st and 500-700 block of E 22nd

Documentation Required

• Completed application (will provide upon request)

• Ratified Contract

• Homeownership Counseling Certificate

• Use of a preferred Lender of NHS (will provide upon request)

• Proof of Income (The $10K incentives in East Harwood are 120% AMI. The $15K incentives in Midway are not income restricted)

• *these incentives can be combined with other grants and incentives*

Our Partners — Live Baltimore, Healthy Neighborhoods, Neighborhood Housing Services, and others, also have excellent resources for potential homebuyers of all income levels who wish to explore homeownership counseling, financial assistance, or information about particular neighborhoods.

For information about how to apply for this program, please contact our partner Jubilee Baltimore Inc per below:

Linda M. Harrington - Deputy Director
Jubilee Baltimore Inc
The Center for Neighborhoods
25 E 20th St
Baltimore, MD 21218
O - 410.327.7373