HOMEBUYERS’ ASSISTANCE PROGRAMS – OVERVIEW

Homebuyers attending a HARBEL Housing homebuyer workshop will receive, in writing, details regarding the programs listed on this page, including income guidelines and other eligibility requirements and criteria, and assistance loan terms.

The availability of funding for some programs may be limited. The guidelines may be changed at any time.
Definition of first-time homebuyer – cannot have previously owned a residence within the last three years. Exception may be granted for legal separation, finalized divorce or death of a spouse and property is no longer in your name.

Please visit any of the websites for more details.

Important Information

HARBEL Housing serves buyers interested in purchasing in Baltimore City and Baltimore County.

If you are buying in Baltimore City - Buyers must complete a homebuyer workshop and counseling before submitting a contract offer, with an agency recognized by Baltimore City. Some City assistance programs also require attending pre-settlement workshop. Check www.baltimorehousing.org for more information.

If you are buying in Baltimore County - Buyers must complete both homebuyer & pre-settlement workshops and counseling before submitting a contract offer, with an agency recognized by Baltimore County. Online workshops and counseling are not acceptable for County purchases. Baltimore County approved agencies: HARBEL Housing, Diversified Housing at 410-496-1214, Eastside CDC at 410-284-9861, Belair-Edison at 410-485-8422 and St. Ambrose at 410-366-8550. Note: HARBEL Housing, St. Ambrose & Belair-Edison are recognized by both Baltimore City and Baltimore County.

For counseling agencies serving other Maryland jurisdictions go to:
www.mmp.maryland.gov/Pages/default.aspx  or  www.hud.gov.

STATEWIDE PROGRAMS

Federal Home Loan Bank of Atlanta’s First Time Home Buyer Program (FHP)
FHP is a statewide settlement/down payment assistance program for first-time homebuyers that meet the low-to-moderate household income requirements. New funds are available after January 1 every year. Workshop attendance and counseling are required. Funding is limited. The buyer’s first mortgage and the request for the FHP funds must be made by a participating FHLB member institution (bank, savings & loan, or credit union). The buyer is responsible for verifying their lender’s participation in this assistance program.

To find a participating lender: http://corp.fhlbatl.com/find-member/
and for more information http://corp.fhlbatl.com/files/documents/first_time_homebuyers.pdf

State of Maryland’s CDA Mortgage & Down Payment Assistance (DPA) and Partner Match Programs

For complete details of Maryland CDA Mortgage, including participating lender list, interest rates, and information regarding the state’s settlement assistance, including requirements and loan terms: http://mmp.maryland.gov   or   call 1-800-638 7781

Baltimore County buyers must complete the homebuyer workshop, pre-settlement workshop and counseling, with an approved Baltimore County agency, prior to submitting a contract offer. Baltimore City buyers must complete a homebuyer workshop and counseling before contract.

Maryland’s Homeownership for Individuals with Disabilities Program:
410-767-3660 - http://mmp.maryland.gov/Pages/default.aspx

Baltimore County SELP Program - Baltimore County’s Department of Planning, Housing Opportunities Program
410-887-3124 – www.baltimorecountymd.gov

The Baltimore County’s SELP requires that buyers must complete the homebuyer workshop, pre-settlement workshop and counseling, with an approved Baltimore County agency, prior to submitting a contract offer. The buyer must be a first-time homebuyer and meet the low-to-moderate household income requirement. Income and property criteria are provided at the homebuyer workshop.

Baltimore City Programs –

Baltimore City’s CDBG: All buyers must complete a homebuyer workshop, counseling and a CDBG application prior to submitting a contract offer. Eligible households must be first-time homebuyers and meet the low-to-moderate household income guidelines. Visit http://www.baltimorehousing.org/home_center  for details or 410-396-3124.

Baltimore City Employee Program: Eligible buyers must complete home buyer workshop and counseling from a city approved agency prior to submitting a contract offer. The buyer must be a city employee for a minimum of six months. There is no income limit. Visit http://www.baltimorehousing.org/home_center   for details or 410-396-3124

Buying in Baltimore Program: Visit the website for Buying in Baltimore event dates and locations, buyer requirements, and amount of assistance available for Baltimore City purchases. Important: All buyers must attend homebuyer & pre-settlement workshops and receive counseling from a city-approved agency prior to execution of a contract of sale. Visit http://www.livebaltimore.com or 410-637-3750