Buy Back the Block

Buy Back the Block est une subvention pour les futurs propriétaires de 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. Le financement provient de Federal ARPA et Local Government.

Buy Back the Block prend la forme d’une subvention : elle n’est donc pas remboursée. Le remboursement est déclenché par 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). Les conditions d’annulation et de remboursement sont fixées par le programme et peuvent changer — vérifiez-les sur la page officielle du programme avant de déposer une demande.

Buy Back the Block est ouvert à les futurs propriétaires qui occuperont le logement comme résidence principale. Au sujet du crédit, le programme précise : No published BBB-specific minimum; first-mortgage lender's product minimums apply. Un cours pour futurs propriétaires est obligatoire, auprès de Baltimore City-approved homeownership counseling agency. Buyer must complete pre-purchase counseling and obtain certificate. Condition de résidence : Must have lived in a grant-eligible neighborhood for at least 12 months prior to purchase agreement; must purchase within an eligible neighborhood. Citoyenneté ou statut d’immigration : 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 plafonne le revenu du ménage à 120 % du revenu médian de la zone, qui varie selon le comté et la taille du ménage. Household income limit per Live Baltimore BBB guidelines, approximately $132,000 (household, all earners). Verify current eligibility on Live Baltimore eligibility quiz. Le plafond s’applique au revenu total du ménage, pas seulement à celui de l’emprunteur. Les chiffres du revenu médian de la zone sont publiés par HUD et mis à jour chaque année : consultez le tableau en vigueur pour le comté avant de vous fier à un chiffre.

Buy Back the Block plafonne le prix d’achat à $731,400. Les types de logements admissibles comprennent Single-family detached, Townhome, Rowhouse, Condominium et 2-4 unit owner-occupied. Les constructions neuves sont admissibles. Les maisons préfabriquées ne sont pas admissibles.

Buy Back the Block s’adresse aux futurs propriétaires qui achètent à Baltimore, Maryland. Le programme cible des zones précises : 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/.

Les demandes pour Buy Back the Block passent par l’organisme gestionnaire, qui publie les conditions en vigueur et les étapes de la demande sur son propre site. Les fonds sont réservés par l’intermédiaire 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 n’est pas un prêteur et n’accepte pas de demandes ; cette page décrit le programme pour qu’un futur propriétaire puisse en parler à un prêteur ou à un conseiller en logement.