Garrett County First-Time Homebuyer Grant

Garrett County First-Time Homebuyer Grant is a grant for homebuyers in Oakland, Maryland, administered by Garrett County Government; program delivered by Garrett County Community Action Committee, Inc. (GCCAC) Asset Development. Garrett County offers a $7,500 grant to assist eligible first-time homebuyers with down payment and closing costs, administered by Garrett County Government and delivered through the Garrett County Community Action Committee's Asset Development division. Applicants must complete the Pathways to Homeownership homebuyer education course (or equivalent HUD-approved certification) and meet income limits. The grant is commonly paired with first mortgages from local lenders, USDA Rural Development, or the Maryland Mortgage Program. $7,500 grant toward down payment and closing costs. Pairs with MMP, USDA, and local lender loans. Includes homebuyer counseling and training. Funding comes from Garrett County Government; supported by Maryland DHCD homeownership grant funding.

Garrett County First-Time Homebuyer Grant offers up to $7,500 in assistance. The program can be combined with Maryland Mortgage Program; local lender first mortgages; USDA Rural Development financing. Amounts are the program's published maximums, not an offer — Garrett County Government; program delivered by Garrett County Community Action Committee, Inc. (GCCAC) Asset Development determines any individual award.

Garrett County First-Time Homebuyer Grant is structured as a grant, so it is not repaid. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Garrett County First-Time Homebuyer Grant is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Garrett County Pathway to Homeownership Program (in-person or online) or equivalent HUD-approved Home Buyer Certification, delivered by GCCAC Asset Development. Must complete Pathways to Homeownership / HUD-approved homebuyer certification and apply through GCCAC Asset Development.

Garrett County First-Time Homebuyer Grant limits household income to $126,700. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Garrett County First-Time Homebuyer Grant serves homebuyers purchasing in Oakland, Maryland. The program targets specific areas: Garrett County is a fully Targeted Area under the Maryland Mortgage Program.

Applications for Garrett County First-Time Homebuyer Grant go through Garrett County Government; program delivered by Garrett County Community Action Committee, Inc. (GCCAC) Asset Development, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.