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.