The Vacants to Value Booster program is available for properties that have been issued a vacant building notice for at least one year prior to undergoing rehabilitation by a developer or being sold to a homebuyer with the intent of utilizing a rehabilitation loan for renovation purposes.

Eligibility Requirements 

• The property must be the homeowner’s primary residence
• The homeowner must receive a homeownership counseling certification prior to making an offer to buy the property
• The homeowner must contribute a minimum of $1,000 of their own funds to the purchase of the property 
• The mortgage must be a fixed-rate mortgage
• The mortgage amount cannot exceed the current FHA mortgage limit of $517,500
• The homeowner must apply and be approved prior to closing on your home

Contact Information

Baltimore City Department of Housing and Community Development, Office of Housing and Homeownership
(410) 396-4160
Website