| Recent Baltimore Home Sales |
Mount Vernon: A National Register Historic District, Mount Vernon encompasses the best of what city living has to offer. This lively neighborhood not only serves as the cultural center of Baltimore but as the home to a diverse group of residents and businesses. |
| 920 Tyson St. |
$192,500
3BD, 1.5BA |
| 909 Stubblefield Ln. |
$240,000
2BD, 2BA |
| 1101 Saint Paul St., #510 |
$235,500
2BD, 2BA |
| 1011 Hunter St., #C4 |
$285,000
2BD, 1BA |
| 1101 Saint Paul St., #1512 |
$318,000
2BD, 2BA |
|
CITY/STATE HOMEBUYING PROGRAMS
City Employee Homeownership Program
The Baltimore City Employee Homeownership program is designed to help the employees of City agencies and quasi-city agenties become homeowners in the City. The terms and eligibility criteria for the program are as follows:
- Must be employed and paid by the Mayor and City Council of Baltimore City for minimum of six months.
- Must purchase a property within Baltimore City.
- Must occupy property as primary residence.
- Eligible properties: Single family house, 1 to 2 dwelling unit, or condominium.
- Up to $3,000 forgivable loan provided with a 5-year term reducing 20% for each year of occupancy ($3,750 for puchase in Healthy Neighborhood, which must be mentioned at time of application).
- Only one City employee per household may receive assistance.
- Must use approved Fannie Mae/Freddie Mac lenders or Municipal Employee's Credit Union for first mortgage financing.
- Employee must invest a minumum of $1,000 from personal funds.
- Buyer must obtain a housing counseling certificate from a City-approved housing counseling agency. Click here for a list of approved agencies.
Live Near Your Work
The Baltimore City Live Near Your Work Program is a partnership between employers and the City of Baltimore. The purpose of the program is to provide direct financial assistance for eligible employees' first home purchase in Baltimore city.
- Live Near Your Work Program will provide a minimum $2,000 grant or conditional grant to employees for settlement and closing costs to purchase homes in targeted neighborhoods near their employers.
- Baltimore City will contribute $1,000 per employee, which will be matched by the participating employer.
- Employees will be required to contribute a minimum of $1,000 cash toward the purchase of their home.
- As a Baltimore City-sponsored incentive program, buyers are required to attend City-approved homeownership counseling. For a list of eligible counseling agencies, click here.
- To view the list of participating employers, click here.
|
