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Free Home Buyer Workshops are held Tuesdays at 5:30pm & Saturdays at 10am.
Homebuyer AssistanceFinancing Programs
"DC Open Doors" pays your Down Payment for you on a home purchase in DC. The money does not have to be paid back. You must have:
  • Less than $125,580/year in income
  • Have fair to good credit (660+)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Virginia Housing Development Authority (VHDA) pays your Down Payment when you meet certain criteria. The money does not have to be paid back. You must have:
  • Less than $97,520/year in income (1-2 person households)
  • Less than $113,840/year in income (3+ persons)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Maryland Mortgage Program loans you up to $8,500 in Down Payment Assistance. There's additional incentives from specific Maryland employers + great student loan incentive programs.
  • Incomes lower than $88,400 for 1-2 person households are eligible
  • Incomes between $88,400 & $128,760 may be eligible, based on county
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
 

Baltimore Seeking Developers For Strip of 5 N. Howard Street Buildings


The Baltimore Development Corp. (BDC) continues its work to re-purpose blighted urban sites all over the city. There is now a request for proposal for redevelopment of 5 properties ranging from 407 – 415 N. Howard Street in West Baltimore. The deadline for bids is April 10, 2017.

The properties have been appraised in the past at a total value of $610,000 by the BDC and have been targeted in the past. Another developer last year bid $50,000 on a rejected proposal that was calling for the conversion of the properties to 32 apartments and street retail. This block is located in the historic Bromo Tower Arts & Entertainment District and is part of a Market Center National Register Historic District due to it being Baltimore’s original main downtown shopping area.

Large development projects have been attempted nearby in the recent past. A huge planned project called the Superblock failed back in 2012 due to a lack of funding and legal issues. That project called for 300+ apartments, 200,000 sq. ft. of retail and 650 parking spaces.

“This is a big chunk of Baltimore real estate — almost an entire block. We’ll be curious to see what happens with the bids and what type of project the BDC ends up with here,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “There’s an opportunity here for a resourceful developer to aggressively transform these sites into a large project similar to what was attempted in the past.”

#FollowDevelopment on Twitter! Thanks to the BizJournals on the alert!

 

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