Building and Strengthening Neighborhoods and People

Buy a Home

Buying a home in Baltimore is more affordable than you might think. With relatively low housing prices and a number of available incentives, buying a house can be much cheaper than renting, help build wealth, and promote long-term stability in our city’s neighborhoods. Strong City Baltimore’s Healthy Neighborhoods program can help by providing low-interest loans and incentives for buying and renovating homes on target blocks in Greater Homewood.


Healthy Neighborhoods is a citywide initiative that helps strong but undervalued Baltimore neighborhoods increase home values, market their communities, create high standards for property improvements, and forge strong connections among neighbors.


Our Healthy Neighborhoods are home to strong public schools (click here for more info)!  In Greater Homewood, these neighborhoods are: Barclay-Old Goucher, Charles Village, Ednor Gardens, Remington and Waverly Village (click on images for larger versions).

Since 2005, our Healthy Neighborhoods program has generated over $11 million in investments in these four target areas by:

  • Providing low-interest loans to help over 50 families buy and renovate homes
  • Administering grants for dozens of small-scale block beautification projects like tree planting, number plaques, shutters, porch lighting and house painting
  • Investing in large neighborhood-scale projects like parks, playgrounds and community gateway signage

Healthy Neighborhoods Loans
There are three different loan programs available with a number of incentives to help home buyers and homeowners make improvements to their properties and create lasting value in their neighborhoods:

Purchase/Rehab Loan and Refinance/Rehab Loan
*Available on the 139 designated Target Blocks
*Borrow up to 110% of the post-renovation value
*Pay as little at 3% down
*No mortgage insurance (PMI)
*Free architectural consultation

Home Improvement Loan
*Available for any property; not limited to Target Blocks
*Borrow between $5,000 and $20,000
*Free architectural consultation
*Eligible for $10,000 Matching Grant

Matching Grants
All recipients of Healthy Neighborhoods loans may be eligible for a Matching Grant. Qualified buyers will receive up to $10,000 to complete a renovation project.

For further resources, see the links at the bottom of the page.

New Home Development Projects

North Calvert Green: large, beautiful, affordable, energy-efficient homes located in the Barclay-Old Goucher neighborhood. Developed by Telesis Corporation.

Other Incentives

Johns Hopkins University’s Live Near Your Work program offers down payment assistance grants of up to $17,000 for eligible employees to purchase homes near one of the University’s campuses.

Maryland Institute College of Art (MICA) and Loyola University both offer $2,000 Live Near Your Work grants for their employees.

Live Baltimore offers up to $5,000 in down payment assistance for attending one of its Buying into Baltimore home buying fairs.

The Community Development Block Grant program offers $5,000 in down payment assistance for first-time home buyers.

The City’s Vacants to Value program offers $10,000 grants to home buyers purchasing formerly vacant homes.

Many of these incentive programs can be combined so that your monthly payments will be lower than you ever thought possible!

Most Healthy Neighborhoods loans require at least $5,000 of renovation work. Here is our list of Recommended Contractors.

Purchase/Rehab Loan Term Sheet
Refinance/Rehab Loan Term Sheet
Home Improvement Loan Term Sheet
Matching Grant Term Sheet
Matching Grant Affidavit
Rehab Contract Addendum