ShareThisCityLIFT Program Provides Up To $15,000 For Down Payment Assistance!
The CityLIFT Program provides eligible homebuyers with up to $15,000 of down payment assistance on qualified properties. Assistance is not limited to first-time buyers. Household income must meet guidelines for all persons 18 and older living in the hold. Property qualified for the program must be: 1. Located within the City of Baltimore 2. The primary, owner-occupied home of the buyer(s) 3. A detached home, townhouse, condominium, 1-4 unit property, or Planned Unit Development. NHS of Baltimore is involved with the CityLIFT Program in partnership with Wells Fargo Bank and NeighborWorks America. NHS of Baltimore is the only non-profit dispersing the funds for this program. NHS of Baltimore is currently making $1,000,000 in down payment assistance available now. Potential home buyers ready with the necessary qualifications and documents will be able to register on line for first-come, first-served appointments. Details are provided on NHS of Baltimore website.
The CityLIFT Program can be combined with other incentive programs that Baltimore City has to offer like the Baltimore City Employee Homeownership Program, Baltimore Community Development Block Grant Program, Baltimore DHCD Vacants to Value Booster Program, Baltimore Live Near Your Work Program, and several other Programs. Also the CityLIFT down payment assistance progam is a forgivable. If a buyer(s) lives in the property for 5 years the funds do not need to be paid back
NHS of Baltimore, as part of its partnership with Wells Fargo and NeighborWorks America, will be holding a two-day home buyer event in April 2013. At that event an additional $3,000,000 will be made available to eligible buyers. Keep checking NHS of Baltimore website for updated information about the event. You can also contact me for additional information.
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