Vacants to Value Booster

Administered by: Baltimore City Department of Housing and Community Development · City · Forgivable Loan

Funding status: Active

How much assistance

$10,000 (Forgivable Loan)

Five-year forgivable loan.

Eligibility

  • First-time buyer required: No
  • Geographic restrictions: Property must have had a City-issued Vacant Building Notice for at least one year prior to rehabilitation or sale to a homebuyer who intends to renovate.
  • Homebuyer education required: Yes

How to Apply for Vacants to Value Booster

Step 1: Complete homeownership counseling from a City-approved agency. Contribute minimum $1,000 from own funds. Purchase a qualifying formerly vacant property in Baltimore City.

Visit program website

Notes

Applies to properties that were subject to a Vacant Building Notice for at least one year prior to rehab by a developer or sale to a homebuyer for renovation.

Cities Where This Program Is Available