Program Search

Show All Programs

Number in household:
For first time buyers only?:
Annual Income:

Area(s) selected:
Program(s) selected:

 


Buying Into Baltimore Fairs & Trolley Tours
Baltimore City Department of Housing
www.baltimorehousing.org

Contact


Michael Guye
Baltimore City Housing Office Michael.Guye@baltimorecity.gov
Baltimore Maryland 21202
410-396-3124

Marva Allette
Baltimore City Housing Office 417 East Fayette St., Suite 1125
Baltimore Maryland 21202
410-396-3124

Program Overview


Buying Into Baltimore Fairs & Trolley Tours is a program for first-time homebuyers who have not owned a principal residence in 3 years and who are purchasing a home in Baltimore City.


Property Eligibility Requirements


Property must be located in Baltimore City.

The sales price cannot exceed $ 417000.


Benefit Details


$3,000 forgiveable loan to be used for downpayment and/or closing costs for purchasing a home in Baltimore City. Contract of sale must be executed after the date of a tour event. Closing on the property must occur within 90 days of the event date. $3,000 downpayment and closing cost assistance structured as a 5-year forgiveable loan (20% reduced each year).

Benefit: $3,000 forgiveable loan
Loan Term:5 years years
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes

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:

Workforce Housing Certified REALTOR®

 

Find a participating Lender