Greater Mondawmin and Coppin Heights Incentive by NHS
- Downpayment & Closing Cost Assistance
- Baltimore City
Summary
The Neighborhood Housing Services of Baltimore offers the Greater Mondawmin and Coppin Heights Incentive, which is a deferred loan of $10,000 to encourage prospective homebuyers to consider purchasing properties in the Greater Mondawmin and Coppin Heights areas. This program provides down payment assistance to moderate-to-low income buyers in these neighborhoods. Moreover, eligible homes in these areas may qualify for an additional $5,000 in down payment assistance through Project Reinvest.
Eligibility Requirements
- The property must be located in Greater Mondawmin or Coppin Heights.
- The property must be the homebuyer’s primary residence.
- Total household income cannot exceed 100% of the Area Median Income (AMI).
- The applicant(s) must earn a homeownership counseling certificate before settling on the home.
- The applicant(s) must use an approved lender.
- The property cannot have more than four residential units.
Contact Information
Neighborhood Housing Services of Baltimore
25 E. 20th Street, Suite 170
Baltimore, MD. 21218
Phone: 410-327-1200