When you are ready to buy a Home in Baltimore City, there are resources available for qualified applicants to assist with down payment and closing costs! 

All incentives require homeownership counseling from a City-approved homeownership counseling agency within one year before writing an offer on a home, and a minimum $1,000 investment from the homebuyer’s own funds towards the purchase of the property. 

Baltimore City Employee Homeownership Program
$5,000 for employees of City and quasi-City agencies 

Buying Into Baltimore
$5,000 awarded by lottery to people who attend a Live Baltimore Trolley Tour and meet other conditions. 

Live Near Your Work
This partnership with participating employers encourages homeownership near places of employment. The City matches employers’ contributions between $1,000 and $2,500, for total incentives of $2,000-$5,000+, depending on the employer. 

First-Time Homebuyers Incentive Program
The base incentive amount is $10,000 for first-time homebuyers with a household income at or below 80% of the area median income. An additional $5,000 bonus is available to homebuyers who

(a) purchase the house they have rented and occupied for at least six months, or

(b) have a disability (as defined by Federal law) or have a household member with a disability. 

Good news for Baltimore City residents and homebuyers - An additional $10,000 bonus is available to homebuyers purchasing properties within one of Baltimore City’s Impact Investment Areas! To find out more visit: 

https://dhcd.baltimorecity.gov/hho/homeownership-incentives