Buy Back the Block

Buy Back the Block é um subsídio para compradores de imóveis em 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. Os recursos vêm de Federal ARPA e Local Government.

Buy Back the Block é estruturado como um subsídio, então não é devolvido. O reembolso é acionado 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). As condições de perdão e reembolso são definidas pelo programa e podem mudar — confirme-as na página oficial do programa antes de se inscrever.

Buy Back the Block é aberto a compradores de imóveis que vão morar no imóvel como residência principal. Sobre crédito, o programa afirma: No published BBB-specific minimum; first-mortgage lender's product minimums apply. É exigido um curso de educação para compradores de imóveis, por meio de Baltimore City-approved homeownership counseling agency. Buyer must complete pre-purchase counseling and obtain certificate. Requisito de residência: Must have lived in a grant-eligible neighborhood for at least 12 months prior to purchase agreement; must purchase within an eligible neighborhood. Cidadania ou situação imigratória: 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 a renda familiar a 120% da renda mediana da região, que varia conforme o condado e o tamanho da família. Household income limit per Live Baltimore BBB guidelines, approximately $132,000 (household, all earners). Verify current eligibility on Live Baltimore eligibility quiz. O limite vale para a renda total da família, não só a do mutuário. Os valores da renda mediana da região são publicados pelo HUD e atualizados todo ano, então confira a tabela atual do condado antes de se basear em um número.

Buy Back the Block limita o preço de compra a $731,400. Os tipos de imóvel elegíveis incluem Single-family detached, Townhome, Rowhouse, Condominium e 2-4 unit owner-occupied. Construções novas são elegíveis. Casas pré-fabricadas não são elegíveis.

Buy Back the Block atende compradores de imóveis que compram em Baltimore, Maryland. O programa é voltado para 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/.

As inscrições para Buy Back the Block são feitas por meio de o órgão que administra o programa, que publica as condições atuais e as etapas da inscrição no próprio site. Os recursos são reservados por meio 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. A Hey Prescott não é uma credora e não aceita inscrições; esta página descreve o programa para que um comprador de imóvel possa levá-lo a um credor ou a um conselheiro habitacional.