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 1/10/20)

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 8
Buying Into Baltimore 60
Community Development Block Grant (CDBG) Homeownership Assistance Program 63
Direct Homeownership Assistance Program 18
Live Near Your Work 142
Vacants to Value Booster 1 (7/1/19 - 12/31/19) 0
Vacants to Value Booster 2 (1/1/20 - 6/30/20) 29

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: Michael Guye, (410) 396-4160 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: Brenda Winston, (443) 984-2264 or 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 acquisition/rehabilitation loan. Contact: Michael Guye, (410) 396-4160. or [email protected].

Additional Resources

List of City-approved homeownership counseling agencies

List of LNYW Participating employers

List of Baltimore City Quasi-City agencies

Live Baltimore Home Center

Live Near Your Work Employer Application

Maryland Mortgage Program