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  • Writer's pictureNeville The Closer

Buying Into Baltimore

Buying Into Baltimore is a $5,000 incentive to use toward buying a home anywhere in Baltimore City. You must attend a Trolley Tour event to become eligible for the $5,000 incentive. Every year, there are two events: a spring/summer event and a fall/winter event. That's two opportunities to get $5,000 toward buying your home! See when the next Buying Into Baltimore Event is in the Upcoming Events section of the Live Baltimore website.


  • The mortgage amount cannot exceed $517,000

  • 30 Individuals will be selected by lottery to receive awards, following each event, from a pool of eligible applicants

  • Incentive applicants have 10 business days after attending the Trolley Tour event to make an offer on a home, have the offer accepted, obtain a contract of sale on a home and submit paperwork to become eligible for the lottery drawing.

  • Incentive winners must close on their purchase within 60 days of being selected in the lottery drawing (closing date < event date + 10 business days (lottery drawing) + 60 days)

  • Contracts signed prior to the event will not be eligible for the Buying into Baltimore incentive.

  • Co-signers, cash sales, or owner financing not permitted.

  • Short sale, foreclosure transactions and new constructions do not qualify

  • Homebuyer must earn their Homeownership Counseling Certificate from a City-approved counseling agency before writing a sales contract

  • The home must be the homebuyers primary residence

  • Homebuyer must invest a minimum of $1000 from personal resources.

  • Incentive may be used toward downpayment and closing cost

  • Incentive is a five-year forgivable loan (Your balance is forgiven by 20% each year, at the end of five years you no longer have a balance).

  • The home may have up to 4 zoned residential units

  • This incentive may be used in addition to other incentives.

  • Incentive appears as a second lien on property until the balance is forgiven or repaid.

For more information Contact

Baltimore City Housing


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