Home Ownership Incentives available to
Baltimore City Buyers Apply to
Tu Casa Development Group's Properties
(Home Counseling Certificates are required to secure the incentives. Information on how to obtain your certificate is included below).
B-HiP: Baltimore Homeownership Incentive Program
Mayor Stephanie Rawlings-Blake invites you to get hip in Baltimorewith B-HiP! These incentives are specifically tailored for Baltimore City homebuyers. What is extraordinary about B-HiP incentives is that they are stackable- meaning they can be layered, so you the homebuyer can take advantage of as many incentives as you qualify for.
V2V (Vacants to Value)$10,000 Homeownership Program
$10,000 for closing costs and downpayment for the purchase of a previously vacant home. Tu Casa's entire inventory qualifies for this grant. For more information Email: Michael.Guye@baltimorecity.gov
Buying Into Baltimore Program
Baltimore City Employee Homeownership Program
Community Development Block Grant
$5,000 for first time home buyers with a family income at or below the area median income (approximately $45,000 for the 200 Block of North Madeira). Email: Marva.Allette@baltimorecity.gov for more information.
Live Near Your Work (LNYW)
Home Counseling Certificates
Home Counseling Certificates can be obtained by fulfilling two requirements to the Program's Guidelines' satisfaction:
1) Complete Home Counseling class
2) One on One Counseling with a Personal Counselor
REDUCTION IN PROPERTY TAXES!
Newly Constructed Dwelling Property Tax Credit
The first buyer of a newly constructed or substantially rehabilitated vacant house can receive a 50% reduction in property taxes in year one reducing to a 10% reduction in year five.