Healthy Neighborhoods Purchase & Rehabilitation Loan

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Healthy Neighborhoods Purchase & Rehabilitation Loan

Healthy Neighborhoods offers a loan to help you purchase and renovate your new house on Healthy Neighborhoods’ target blocks.  Eligible homebuyers receive a below-market interest rate, free design advice, and no private mortgage insurance requirement.


This program allows you to borrow money to buy and renovate your home; For income-eligible borrower’s, you may also qualify for a matching grant of up to $10,000.


  • You must live in this home as your primary residence.
  • You must contribute 3% of the purchase price + renovation costs and may borrow up to 110% of the after-rehabilitation appraisal.
  • You may not own residential rental property. Individuals that have rental property as a result of inheritance or moving, can still use the program.
  • You must use M&T Bank, through the M&T Loan Officer assigned and officed at Healthy Neighborhoods.
  • Your mortgage amount cannot exceed $295,000.
  • Your property must be on a Healthy Neighborhoods target block.
  • May be used in addition to other incentives
  • All contractor construction contracts and rehab work will be monitored and approved by Healthy Neighborhoods.

Program Terms & Conditions


Healthy Neighborhoods
Rahn Barnes
(410) 332-0387 x1005


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