Maryland Housing Rehabilitation Program (MHRP)
What is it?
MHRP is a state-wide program that offers below market-rate rehabilitation loans to correct health safety violations and major system deficiencies (HVAC, furnace, boilers, water heaters, etc.) on owner-occupied properties. Loans up to 95% of property value may be available to moderate-income households.
Who is eligible?
Households below 80% of Maryland state median income levels (i.e. $52,550 for a two-person household). Click here for more information on eligible income levels.
All Baltimore City homes and condominiums, including units with up to four dwellings, as long as the owner has title to the property and can assume new debt.
80% of Maryland State Median Income Level by Household Size
1 Person - $46,000
2 Person - $52,550
3 Person - $59,100
4 Person - $65,680
5 Person - $71,000
6 Person - $76,200
7 Person - $81,500
8 Person - $86,700
What are the benefits?
Structural repair promotes safe and adequate living conditions for all property residents. Maryland law requires compliance with the health and building codes.
What are the loan terms?
Funding is available to qualifying households at variable interest from 0% to 7% depending on income levels.
Loan awarded must not exceed 95% of the propertys fair market value, less secured debt.
Loan terms may vary up to 20 years with deferred payments allowed for households below 50% of state median income.
All application fees and closing cost are included in the loan amount.
How do I apply?
For more information about this program, contact:
Office of Rehabilitation
417 E. Fayette Street, Suite 1125
Baltimore, MD 21202
Office hours: 8:30 AM - 4:30 PM, Monday - Friday