The Neighborhood Housing Services of Baltimore
- Downpayment & Closing Cost Assistance
- Baltimore City
Summary
The Neighborhood Housing Services of Baltimore is a local network that provides resources to help Baltimore households achieve and maintain homeownership. They provide educational resources and specialized financial programs and support systems, including down payment assistance up to $10,000 to eligible homebuyers purchasing in Baltimore City. The Neighborhood Housing Services corporations operate programs to provide homeownership opportunities to low and moderate-income persons through closing cost assistance and homebuyer education and counseling services.
Eligibility Requirements
- The applicant(s) must have a household income that is at or below 80% of the Area Median Income (AMI) for Baltimore City, as determined by the U.S. Department of Housing and Urban Development (HUD).
- The applicant(s) must complete a homeownership education course offered by NHS of Baltimore or another HUD-approved counseling agency.
- The applicant(s) must complete a credit counseling session offered by NHS of Baltimore or another HUD-approved counseling agency.
- The applicant(s) must complete a homebuyer education course offered by NHS of Baltimore or another HUD-approved counseling agency.
- The applicant(s) must be able to obtain a mortgage loan from a qualified lender, and the loan must meet program eligibility criteria.
- The applicant(s) must meet any other eligibility requirements established by the program.
- It's important to note that the specific eligibility requirements may vary depending on the program or service being offered by NHS of Baltimore.
Contact Information
Neighborhood Housing Services of Baltimore, Inc.
819 Park Avenue, Suite 100
Baltimore, MD 21201
Phone: 410-327-1200