Maryland Grants There are many grants available in this State to assist a home buyer purchase a home. By using these grants it makes it possible to purchase a home with little or no money down.  Below is a list of some of the grants available, as well as contact information for each. Some are State sponsored grants. Some are sponsored on the county or municipality level.  Understand that many of these grants have limited funding, and most have income restrictions, so it is important to work with your mortgage lender and the non profit administering the grant program to ensure availability of funds.  State Sponsored Bank Sponsored Matching Funds Programs Community/local Sponsored Grants Seller Funded Down Payment Assistance Programs State Sponsored  The State of Maryland offers several grants and soft seconds, to be used for down payment and closing costs. They also offer a matching grant program through their Community Partner Initiative Program (CPIP), where they will match a community sponsored grant of up to $5000.  Below is a link to the State’s web site:  http://www.dhcd.state.md.us/Website/programs/dselp/dselp.aspx The Down Payment and Settlement Expense Account is a soft 2nd of $3000, to be paid back at the sale of the home.  This is a link to the State’s Down Payment Assistance grant, to be used with the State’s First Time Home Buyer Bond Mortgage Program: http://www.mmprogram.org/downpayment.aspx This is a link to the CPIP matching grant program:  http://www.mmprogram.org/CPIP.aspx Bank Sponsored Matching Funds Programs  Banks that are members of the Federal Home Loan Banking system also offer IDA savings accounts. Visit the Regional Federal Home Loan Bank web site for more information. Community/local Sponsored Grants List of Participating Community Partners: The following Community Partners have joined CDA's newest homeownership initiative, the Community Partners Incentive Program, a partnership program to help expand affordable homeownership opportunities through a creative match program with the State of Maryland. Contact the Community Partners to find out more information about their requirements for participation.  Baltimore Housing Office of Homeownership Michael Guye , Director 417 E. Fayette Street Baltimore, MD 21202 410-396-4160  michael.guye@baltimorecity.gov  Cathedral of Deliverance, Inc. Samson A. Shupe , Vice President PO Box 650Fruitland, MD 21826 410-341-7000  samson@shupe.com  City of Bowie Jesse Buggs , Grant Administrator 2614 Kenhill Drive Bowie, MD 20715 301-809-3094  jbuggs@cityofbowie.org  Comprehensive Housing Assistance, Inc. Roz Goldman , Housing Services Assistant Director 5721 Park Heights Avenue Baltimore, MD 21215 410-466-1990 Xt211  rgoldman@chaibaltimore.org  www.chaibaltimore.org    Delta Challenge Homeownership Institute Lorraine Bailey-Carter , Chair-Maryland, D.C. PO Box 315Aberdeen, MD  21001 410-688-0232  lorrainetherealtor@comcast.net   www.deltachallenge.com/MD_DC.html  Frederick County Dept. of Housing Karen Green , Loan and Rehab Coordinator 520 N. Market Street Frederick, MD 21701 301-600-3531  kgreen@fredco-md.net  Hagerstown Neighborhood Development Partnership Sharon Disque or Vicki Bender , Exec. Director or Finance Coordinator 21 E. Franklin Street Hagerstown, MD 21740 301-797-0900  vbender@hagerstownmd.org  www.hagerstownhomestore.org  Home Partnership, Inc. Frank Holdgetts , President 626 Towne Center Drive Joppatowne, MD  21085 410-679-3200  frank@homepartnershipinc.org  www.homepartnershipinc.org   Other down payment assistance programs not participating in the CPIP program:  Annapolis Homeownership Gap Financing Program (GAP)  (410) 269-1222  Annapolis Homes for America Homeownership Closing Cost Program (HCC)  (410) 269-1222  Anne Arundel County Arundel Community Development Services Inc Mortgage Assistance Program (MAP)  (410) 222-7600  Baltimore Buying Into Baltimore Home Sale Program (BIB)  (410) 396-4606  Baltimore City Employee Homeownership Program  (410) 396-3124  Baltimore County Incentive Purchase Program (IPP)  (410) 887-3803  Baltimore Empowerment Zone Housing Venture Fund Program  (410) 396-3124  Baltimore Neighborhood Housing Services of Baltimore Inc Closing Cost Loan Program (CCLP)  (410) 327-1200  Charles County First Time Home Buyers Settlement Expense Loan Program (SELP)  (301) 934-9305  Cumberland Neighborhood Housing Services Closing Cost Grant (CCG) (301) 722-6958  Rockville REACH Program (DAP)  (301) 590-2014  Seller Funded Down Payment Assistance Programs There are several non profit organizations that allow a seller to “donate” funds to them at closing, which is then given to the buyer as a down payment assistance grant. Presently, the federal government is reviewing these programs to determine whether this practice is an acceptable lending practice. By using one of these programs it is possible to purchase a home with little or no money. The seller needs to be a motivated seller, and the home needs to be priced correctly. Usually the sales price is inflated to cover the “donation”. The home must be able to appraise at the inflated price. These programs are initiated by the lender, so it is important to work with a local lender before you start looking for a home. The lender will also know how present legislation is affecting the program. The two most commonly used programs are The American Dream DAP and The Nehemiah DAP. Below are links to their web site. American Dream:  http://www.americandreamdownpaymentassistance.com/dpa_app.cfm Nehemiah Corp:    http://www.nehemiahcorp.org/