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Baltimore City Down Payment Assistance Homeownership Incentive Program

2022-07-06T13:40:04+00:00By |

Good News for First-Time Homebuyers! The Office of Homeownership is now offering a First-Time Homebuyers Incentive Program to homebuyers purchasing in Baltimore City. This incentive program provides funding that you can use for closing costs and down payment assistance. Benefits include a $10,000 down payment and closing assistance structured as a 5-year loan, forgivable by 20% per year. Read more details about the down payment assistance program below!

First-Time Homebuyer Eligibility 

  • Have not owned a home in 3 years.
  • Purchasing a home in Baltimore City.
  • Must complete workshop and one-on-one counseling at one of the Office of Homeownership’s […]