Central Baltimore Homebuying Incentive

The Central Baltimore Homebuying Incentive Program provides $10,000 in financial assistance to low- and moderate-income home buyers who purchase homes in Barclay, Charles North, East Baltimore Midway, Greenmount West, Harwood, Old Goucher, and Remington.

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 Incentive Program offers $10,000 down payment assistance in the form of deferred loans to potential homebuyers whose household incomes are up to 100% of the neighborhoods’ median income (approximately $73,600 for an individual or $105,100 for a family of four.)  Repayment on this loan is due on the sale of the property by the recipient of the incentive. Please note that this is not a grant or a forgivable loan.

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 as well as these complimentary resources, please contact Aaron Kaufman, Community Projects Director, akaufman@centralbaltimore.org, or 443-681-7098 (office).