CDBG Homeownership Program
The City of Hagerstown purchases vacant properties within city limits using Community Development Block Grant (CDBG) funds, renovates them, and sells them at the current appraised value to income-qualified individuals or families. Offered by City of Hagerstown Department of Community and Economic Development.
Key Facts
- Funder
- City of Hagerstown Department of Community and Economic Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
The City of Hagerstown purchases vacant properties within city limits using Community Development Block Grant (CDBG) funds, renovates them, and sells them at the current appraised value to income-qualified individuals or families. The program aims to provide affordable homeownership opportunities and may be combined with mortgage assistance programs such as the Maryland Mortgage Program, including down payment and closing cost assistance. The City also pays a 2.5% realtor commission if the...
Full requirements and application instructions: official listing.
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