Other Resources on the Web

www.livebaltimore.com

The Live Baltimore Home Center's award-winning site offers information about buying in Baltimore, preferred real estate agents, homeownership incentives, neighborhood profiles, and city living events.

www.healthyneighborhoods.org

The Healthy Neighborhoods Initiative (HNI) is an effort of area foundations and the City of Baltimore to invest strategically in certain neighborhoods and target blocks within those neighborhoods. On HNI target blocks, special purchase-rehab mortgages and home improvement loans are available. In addition, city employees are eligible for an extra $750 as part of the Baltimore City Employee Homeownership Program, bringing their total incentive from that program to $3,750.

www.bcdfc.com

Baltimore Community Lending (formerly the Baltimore Community Development Financing Corporation) provides a variety of programs including the Vacant House Loan Program, the Single Family Construction Loan Program, and the Baltimore Homeowner Emergency Loan Program (HELP). The Vacant House Loan Program offers homebuyers, interested in purchasing a house to occupy as their primary residence in Baltimore City, financing for the acquisition, rehabilitation and closing cost that is incorporated into one loan. The Single Family Construction Loan Program offers existing Baltimore City owner-occupied homeowners the opportunity to refinance and rehabilitate their houses. The HELP Program helps households faced with foreclosure.

www.mmprogram.org

Go to the above State Department of Housing & Community Development website to receive the latest information on their first mortgage programs and mortgage incentive loans.

www.hud.gov

HUD's general Web site can lead you to many sources of information about home buying, including information about the Officer/Teacher Next Door Program and how to buy a HUD-owned vacant house.

www.fanniemae.com

Fannie Mae's Web site, in addition to a wide variety of information, maintains the updated lists of Fannie Mae approved lenders in Maryland. Consult this list for Homeownership incentives that require approved lenders.

www.freddiemac.com

Freddie Mac's Web site, in addition to a wide variety of information, maintains the updated lists of Freddie Mac approved lenders in Maryland. Consult this list for Homeownership incentives that require approved lenders.

www.fhlbatl.com

Many banks in the Baltimore area are members of the Federal Home Loan Bank of Atlanta and participate in the First-time Home buyers Program. Participating banks receive funds at the beginning of each year that can be used for closing cost assistance grants for low and moderate-income families.