Greater Mondawmin and Rosemont Incentive
By June Piper-Brandon, Creating Generational Wealth Through Homeownership
(Coldwell Banker Realty)
Greater Mondawmin and Rosemont IncentiveThe Greater Mondawmin and Coppin Heights Incentive offered by Neighborhood Housing Services of Baltimore is a $10,000 deferred loan to attract potential homebuyers to purchase homes in the Mondawmin, Coppin Heights, and Rosemont areas of Baltimore City. This program reduces the amount of money a home buyer will need up-front to buy their home.This is a list of things you need to know about this program: You must earn a homeownership counseling certificate from a HUD-approved provider before making an offer on your home. You have to live in this home as your primary residence Household income cannot exceed 100% of AMI Geographic restrictions apply. You must purchase a home in the Greater Mondawmin, Coppin Heights, and Rosemont areas You must use ...