Homeownership Incentives

Welcome to the Home Center

Housing values in Baltimore have been rising faster than in surrounding counties, interest rates are still relatively low, and home prices in most Baltimore neighborhoods are affordable.

To assist you, DHCD's Homeownership Office centralizes all programs and services in one place. Our staff can advise you on which program might be best for you and help get you connected to counseling agencies.

DHCD's Division of Green, Healthy and Sustainable Homes is dedicated to assisting current homeowners through a wide range of programs and services.

Find a Rehabbed Home to Buy

These formerly vacant properties have been rehabbed by developers and are currently on the market. They qualify for the Vacants to Value Booster Program.  More >

Baltimore Homeownership Incentive Program (B-HiP)

Vacants to Value Booster Program
Community Development Block Grant (CDBG) Homeownership Assistance Program
Buying into Baltimore and City Living Starts Here
Baltimore City Employee Homeownership Program
Live Near Your Work Program
Maryland Grand Slam in Baltimore City

Additional Homeownership Incentives

State Mortgage Programs and Homeownership Assistance
Federal Mortgage Programs and Homeownership Assistance
Baltimore City Tax Incentives
Maryland Homestead Tax Credit

Additional Resources and Information

Counseling Agencies
Resources on the Web
Maximizing Your Homebuying Experience
Policies and Procedures
Homeownership Glossary of Terms

Relevant Links

Vacants to Value website
Baltimore Homeownership Incentive Programs Packet
Visit LiveBaltimore.com. Live Baltimore is a nonprofit that markets the City as a great place to live.

Baltimore City Live Near Your Work Program

What is it?

This program is a partnership between participating employers and the City of Baltimore designed to encourage homeownership near place of employment.

Who is eligible?

Employees of participating companies who are first time homebuyers in the City of Baltimore. Participating employers have the right to develop additional eligibility requirements for their employees.

What are the benefits?

$2,000 minimum grant or conditional grant ($1,000 from City of Baltimore, and $1,000 from employer) to be used toward down payment and closing assistance with no annual income limits. $5,000 maximum grant or conditional grant ($2,500 from the City of Baltimore, and $2,500 from employer) for participating employers.

What are the restrictions?

Buyer must contribute at least $1,000 towards purchase and must use the property as the principal residence. Funds are a grant. Participating employers have the right to develop additional program restrictions for their employees, including eligible neighborhoods.

Relevant Links

Download the list of participating employers.