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"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
 

Neighborhood Watch

City-Owned Baltimore Lots Being Acquired for 50 Unit Affordable Apartments


A new 50 unit apartment building at 423 N. Howard Street on the west side of downtown Baltimore will cater to the city’s “working middle class.” The apartments and rental rates are targeted toward those who earn between 80% to 120% of the city’s median household income. This includes teachers, firefighters, police and a variety of other occupations.

Residents of the building will have access to 3,500 sq. ft. of first floor retail. The developer of the project, Baltimore based AZ Group, will be assembling several parcels for the project. Lots include 423 and 425 N. Howard Streets and 217 through 225 W. Franklin Street. The sites are all currently vacant, under-utilized parcels that generate no new revenue for the city. AZ Group will be acquiring the lots for around $79,000 once the deal is approved.

This project is located one block from Centre Street’s light rail stop and another planned apartment complex on 500 Park Avenue by The Time Group.

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

 

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