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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
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)

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.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)