Project Reinvest Program

Project Reinvest Program es un segundo préstamo diferido para compradores de vivienda en Baltimore, Maryland. NHS of Baltimore-administered DPA originally funded by NeighborWorks Project Reinvest, now expanded under State of Maryland's Reinvest Baltimore (BVRI/UPLIFT). $10,000-$15,000 forgivable second, 5-year, 80% AMI, 640 FICO, max purchase price $266,000, FTHB only. NHS lender + counseling required. Down payment assistance program administered by Neighborhood Housing Services (NHS) of Baltimore, originally funded under NeighborWorks America's 'Project Reinvest' allocation and now also encompassing the State of Maryland's REINVEST BALTIMORE Down Payment Assistance Program (NHS Baltimore selected by Maryland Community Investment Corporation in February 2026 to administer up to $3M of Reinvest Baltimore DPA funds under the FY26 Baltimore Vacants Reinvestment Initiative). Provides $10,000 fixed amount (up to $15,000 in current cycles) as a 0% interest 5-year forgivable second mortgage. Maximum purchase price $266,000 (per LendSquawk seed. current Reinvest Baltimore cycle aligns with BVRI redevelopment target prices). 80% AMI cap (income $62,600 1-person to $118,050 8-person per seed). First-time homebuyer. Must work with NHS-approved lender. NHS pre-purchase counseling required. Los fondos provienen de Federal NeighborWorks, State y Local Government.

Project Reinvest Program se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por 5-year forgiveness (typically 20%/year prorated). Unforgiven balance due on sale/transfer/cash-out refi/non-owner-occupancy within retention period. La ayuda se registra con un gravamen en posición 2. 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.

Project Reinvest Program está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Standard 3-year FTHB lookback; HUD displaced-homemaker / single-parent exceptions. Sobre el crédito, el programa indica: 640 minimum FICO. Se requiere un curso de educación para compradores de vivienda, a través de NHS of Baltimore (HUD-approved housing counseling agency) - pre-purchase counseling required. Requisito de residencia: Property must be in Baltimore City and serve as primary residence. BVRI-funded redevelopment properties prioritized under Reinvest Baltimore cycle. Ciudadanía o situación migratoria: Per first-mortgage product rules. First-time homebuyer (no primary residence in past 3 years). Household income at or below 80% AMI for Baltimore HMFA. 640 minimum FICO. Must purchase property in Baltimore City (BVRI-funded properties prioritized under Reinvest Baltimore cycle). Maximum purchase price $266,000 (subject to current cycle/program guidelines). Owner-occupied primary residence. $1,000+ buyer contribution. Pre-purchase counseling certificate from NHS required (8+ hours; workshop + 1:1 counseling). Must use NHS-approved lender. 5-year retention period with prorated forgiveness.

Project Reinvest Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% AMI for Baltimore HMFA. Per LendSquawk seed: $62,600 (1-person) to $118,050 (8-person). Verify at nhsbaltimore.org/dpa/household-income-eligibility. 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.

Project Reinvest Program limita el precio de compra a $266,000. Los tipos de propiedad elegibles incluyen Single-family detached, Townhome, Rowhouse y Condominium. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Project Reinvest Program atiende a compradores de vivienda que compran en Baltimore, Maryland. El programa se dirige a áreas específicas: Baltimore City; BVRI-funded redevelopment properties prioritized under FY26 Reinvest Baltimore cycle. NeighborWorks Project Reinvest historically targeted disinvested neighborhoods.

Las solicitudes de Project Reinvest Program 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 Apply through NHS Baltimore. Pre-qualification by NHS-approved lender; NHS issues commitment letter; funds reserved through NHS at first-mortgage rate-lock. First-come, first-served while program 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.