Buy Back the Block

Buy Back the Block es una subvención para compradores de vivienda en Baltimore, Maryland. Anti-displacement GRANT program for renters in Black-majority Baltimore neighborhoods. $15K purchase OR $20K purchase + renovation grant (no repayment). 12-month neighborhood residency requirement. Open to FTHB and repeat buyers. Funded by $3.06M ARPA allocation; administered by Live Baltimore. 120+ eligible neighborhoods as of 2025. Buy Back the Block (BBB) is a TRUE GRANT (no repayment) of $15,000 for home purchase, OR $20,000 for home purchase + renovation, awarded to qualifying long-term renters in historically Black-majority Baltimore neighborhoods who buy in those same neighborhoods - explicitly designed to prevent renter displacement and create generational wealth in disinvested Black communities. Funded with $3.06M of Baltimore City's $100M ARPA fiscal recovery allocation in November 2022. administered by Live Baltimore in partnership with Baltimore City DHCD. EXPANDED in 2024-2025 from initial 15 neighborhoods to 120+ Baltimore neighborhoods (designation by Baltimore Department of Planning based on Black-majority + middle-neighborhood / disinvestment criteria). As of April 2025, $750,000+ disbursed serving 60+ buyers. program stabilizing toward 270+ households over full ARPA period. Income cap ~$132,000 (per LendSquawk seed). max purchase price $667,000 (per seed. aligns with FHA Baltimore MSA loan limit). Must work with Live Baltimore-approved lender. Not FTHB-only. Los fondos provienen de Federal ARPA y Local Government.

Buy Back the Block está estructurado como una subvención, así que no se devuelve. El reembolso se activa por True grant - NO repayment, NO forgiveness schedule, NO recapture (subject to standard ARPA/grant rules and any city retention covenant if applicable - none currently disclosed). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Buy Back the Block está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: No published BBB-specific minimum; first-mortgage lender's product minimums apply. Se requiere un curso de educación para compradores de vivienda, a través de Baltimore City-approved homeownership counseling agency. Buyer must complete pre-purchase counseling and obtain certificate. Requisito de residencia: Must have lived in a grant-eligible neighborhood for at least 12 months prior to purchase agreement; must purchase within an eligible neighborhood. Ciudadanía o situación migratoria: Per first-mortgage product rules. RESIDENCY: Must currently live in a grant-eligible neighborhood AND have lived in that grant-eligible area for at least 12 months prior to entering purchase agreement. PURCHASE: Must purchase a home located within a grant-eligible neighborhood (does not need to be the same neighborhood, but must be on the eligible-neighborhood list - see Live Baltimore map). Owner-occupied primary residence. Must complete homeownership counseling with a Baltimore City-approved agency and obtain certificate. Must work with a Live Baltimore-approved lender. Income limit per Live Baltimore guidelines (~$132,000 household). Maximum purchase price ~$667,000 (FHA Baltimore MSA loan limit). Eligible to first-time and repeat buyers (program is designed for renters, not strictly FTHB).

Buy Back the Block limita el ingreso del hogar al 120% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income limit per Live Baltimore BBB guidelines, approximately $132,000 (household, all earners). Verify current eligibility on Live Baltimore eligibility quiz. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Buy Back the Block limita el precio de compra a $731,400. Los tipos de propiedad elegibles incluyen Single-family detached, Townhome, Rowhouse, Condominium y 2-4 unit owner-occupied. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Buy Back the Block atiende a compradores de vivienda que compran en Baltimore, Maryland. El programa se dirige a áreas específicas: RACIAL/GEOGRAPHIC ANTI-DISPLACEMENT TARGETING: Eligible neighborhoods are designated by Baltimore City Department of Planning based on historical Black-majority + middle-neighborhood / disinvestment criteria. Initial 15 neighborhoods (2022 launch) included Druid Heights, Penn North, Park Heights, Sandtown-Winchester, Reservoir Hill, etc. EXPANDED in 2024-2025 to 120+ neighborhoods covering broad swaths of West, East, and Northwest Baltimore. Buyer must currently live (12+ months) in an eligible neighborhood AND purchase within an eligible neighborhood. Live Baltimore publishes interactive eligibility map at livebaltimore.com/bbb/.

Las solicitudes de Buy Back the Block se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Take Live Baltimore's BBB eligibility quiz at livebaltimore.com/bbb. Approved buyers work with Live Baltimore-approved lender; grant disbursed at closing. First-come, first-served while ARPA funds remain. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.