Hagerstown Homeownership Initiative (HHI)

Administered by: City of Hagerstown Department of Community and Economic Development · City · Forgivable Loan

Funding status: Active

How much assistance

Up to $7,500 (Forgivable Loan)

Zero-interest deferred loan forgiven after 5 years of continuous owner-occupancy as primary residence.

Eligibility

  • Income limits: Annual household income must be below program-set maximum limits (varies by household size)
  • First-time buyer required: No
  • Geographic restrictions: Must purchase a property within the City of Hagerstown corporate limits. Purchase price cannot exceed 125% of the average home sale price in the area.
  • Homebuyer education required: No

How to Apply for Hagerstown Homeownership Initiative (HHI)

Step 1: Contact the Department of Community and Economic Development at 301-739-8577 ext. 111, or email dhcd@hagerstownmd.org. Applications are reviewed on a first-come, first-served basis and are subject to funding availability. Office located at 14 N. Potomac St., Suite 200A, Hagerstown, MD 21740.

Visit program website

Notes

Priority given to first-time homebuyers, current renters, and those purchasing vacant properties. Eligible properties include single-family homes, townhomes, and condos within Hagerstown city limits. Updated January 2022 to remove 12-month vacancy requirement and property age requirement.

Cities Where This Program Is Available