Hagerstown Homeownership Program
- Homeownership Opportunity
- Washington County
Summary
The Homeownership Program is an initiative aimed at facilitating affordable homeownership opportunities for individuals and families in the City of Hagerstown. Funded by the Community Development Block Grant, this program provides qualified participants with the opportunity to purchase a renovated home at a low price. Eligibility for the program is contingent on meeting certain requirements, including pre-qualification for a mortgage loan and meeting program guidelines regarding annual income.
Eligibility Requirements
- The applicant(s) must be a first-time homebuyer.
- The applicant's income must be at or below 80% of the Area Median Income (AMI), adjusted for family size.
- The home being purchased must be located within the city limits of Hagerstown.
- The applicant(s) must complete a homebuyer education course.
- The applicant(s) must use the home as their primary residence.
- The applicant(s) must meet any additional requirements set by the City of Hagerstown.
Contact Information
City of Hagerstown, City Hall
1 E. Franklin St.
Hagerstown, MD 21740
Phone: 301-739-8577