![\"Heritage](\"http:\/\/blogs.ubalt.edu\/leadershape\/wp-content\/uploads\/sites\/309\/2016\/04\/Heritage-Crossing5.jpg\")
<\/a>Purchasing, owning and rehabbing a vacant home is a great way for the city to bring families back to the city, and to create affordable housing opportunities for individuals and college students. Homeownership in the city provides the owner with the opportunity to create their own space, to work towards becoming debt free and to be a part of building a healthy, vibrant community.<\/p>\n
There are many programs that make it possible to own a home in the city and create housing opportunities. Baltimore City’s Vacants to Value program offers many incentives for Baltimore City Ownership including the faceted\u00a0Baltimore Homeownership Incentive Program (B-HiP). The highlights of the program include:<\/p>\n
The Vacants to Value Booster Program \u2013 Eligible homebuyers can get $10,000 towards closing costs for the purchase of a formerly vacant home.<\/p>\n
Baltimore City Employee Homeownership Program \u2013 The incentive for City employees has been increased from $3,000 to $5,000.<\/p>\n
Buying into Baltimore and City Living Starts Here \u2013 The Buying into Baltimore incentive has been increased from $4,000 to $5,000. Also, Live Baltimore has added four neighborhood tours, City Living Starts Here, to the previous two citywide tours. The number of incentives awarded has been increased from 60 to 100 per year.<\/p>\n
Community Development Block Grant (CDBG) Homeownership Assistance Program – For first-time home buyers with total family income at or below 80% of the area median income, $5,000 in down payment and closing cost assistance is available.<\/p>\n
You’ll find the website for the program here<\/a>.<\/p>\n There are also many talented real estate agents in the city who can help to make Baltimore City homeownership a reality.<\/p>\n http:\/\/www.vacantstovalue.org\/Incentives.aspx#lnyw<\/p>\n","protected":false},"excerpt":{"rendered":" By: Sonce Reese, Class 6 With over 16,000 vacant houses in Baltimore City, the city has a unique opportunity to make it possible for many college students, individuals and families to have a place to call home. Purchasing, owning and rehabbing a vacant home is a great way for the city to bring families back … Continue reading My Leadershape Vision – Home – Sonce<\/span><\/a><\/p>\n","protected":false},"author":523,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[30,8,15,28,29],"_links":{"self":[{"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/posts\/124"}],"collection":[{"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/users\/523"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/comments?post=124"}],"version-history":[{"count":5,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/posts\/124\/revisions"}],"predecessor-version":[{"id":132,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/posts\/124\/revisions\/132"}],"wp:attachment":[{"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/media?parent=124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/categories?post=124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubalt.edu\/leadershape\/wp-json\/wp\/v2\/tags?post=124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/a>