Homeownership Incentives

Welcome to the Office of Homeownership

The Office of Homeownership offers a variety of incentive programs to homebuyers purchasing in Baltimore City. These incentives can make buying a home more affordable by lowering your closing costs and boosting your downpayment.

All incentives require homeownership counseling from a City-approved homeownership counseling agency prior to writing an offer, and a minimum $1,000 investment from the homebuyer's own funds towards the purchase of the property. All incentives with the exception of Live Near Your Work are provided as five-year forgivable loans.

Incentive Tracker (as of 9/6/19)

Incentives are budgeted annually for the fiscal year, beginning July 1 and ending June 30. The chart below is updated weekly and displays the number of incentives available for each program through June 30, 2020. Incentives are awarded on a first-come, first-served basis until the end of the fiscal year or until funds are expended, whichever comes first. 

Program Name Remaining Incentives
Baltimore City Employee Homeownership Program 89
Buying Into Baltimore 90
Community Development Block Grant (CDBG) Homeownership Assistance Program 175
Direct Homeownership Assistance Program 25
Live Near Your Work 252
Vacants to Value Booster 1 (7/1/19 - 12/31/19) 30
Vacants to Value Booster 2 (1/1/20 - 6/30/20) 33

Incentive Programs and Contact Information

Basic information about our incentive programs is listed here. For additional general information, contact the Office of Homeownership main line at (410) 396-3124. For information about specific programs, contact the program administrator listed.

Baltimore City Employee Homeownership Program - $5,000 for employees of City and quasi-City agencies who have been employed for at least six months. Contact: Tanika Owens, (410) 396-1319 or [email protected].

Buying Into Baltimore - $5,000 awarded by lottery to people who attend a Live Baltimore Trolley Tour and meet other conditions. Contact: Earnestine Carter, (410) 396-4606 or [email protected].

Community Development Block Grant (CDBG) Homeownership Assistance Program - $5,000 for first-time homebuyers with household income at or below 80% of area median income. Currently, this is $52,850 for a household of one, $60,400 for two, and $75,500 for four. Contact: Brenda Winston, (443) 984-2264 or [email protected].

Direct Homeownership Assistance Program - An additional $5,000 for CDBG Homeownership Assistance Program recipients who (a) purchase the house they have rented and occupied for at least six months, or (b) have a household member with a disability. Contact: Daibeth Saunders, (410) 396-4159 or [email protected].

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 to $5,000+, depending on the employer. Contact: Daibeth Saunders, (410) 396-4159 or [email protected].

Vacants to Value Booster - $10,000 incentive for properties that were subject to a Vacant Building Notice for at least one year prior to (a) rehabilitation of the property by an investor/developer, or (b) sale of the property to a homebuyer who intends to renovate the property using an aquisition/rehabilitation loan. Contact: Earnestine Carter, (410) 396-4606 or [email protected].

Additional Resources

List of City-approved homeownership counseling agencies
Live Baltimore Home Center 
Live Near Your Work Employer Application
Maryland Mortgage Program