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Baltimore County Neighborhood Stabilization Program
Baltimore County Office of Community Conservation


Contact


Office of Community Conservation
6401 York Road 2nd floor
Baltimore Maryland 21212
410-887-3124



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Program Overview


Baltimore County Neighborhood Stabilization Program is a Foreclosed properties in Community Conservation areas in 21207, 21220, 21221, 21222, 21234, 21244, 21133 and 21117 zipcodes.


Property Eligibility Requirements


Property must be purchased at 5% - 15% discount.



Allowable property types: Single family,semi-detached, townhouse a nnd condominium


Benefit Details


Minimum is $15,000; maximum is $50,000 (of which $35,000 is required to be used for downpayment or principal curtailment).

Benefit: Loan is deferred for 15 years, then forgiven. The loan must be repaid in the first 15 years upon sale, transfer of title or default.
Loan Term:15 years years
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes
Other Program Comments:Inspection required.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.



For more information about this and other homebuyer programs please contact one of the following:

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