GHI First-time Homebuyer Mortgage Assistance Program

Department lead
Administration
approved allocation
$
TIMELINE
STATUS
Completed
In Progress
Project Description
With many renters and students living in Greenbelt, the funds from this project help assist first time homebuyers with downpayment assistance.
Project Updates
The City has partnered with Preferred Title to assist eligible City residents interested in purchasing a GHI home.
Application Information

The City of Greenbelt has partnered with Preferred Title & Escrow to provide a $15,000 Grant for first-time homebuyers interested in purchasing a home in Greenbelt Homes, Inc. (GHI). The goal is sustainable and affordable housing for low-to-moderate-income homebuyers. 

Qualified residents are required to be existing Greenbelt residents who have been renting within the City limits over the past 12 months and meet the income eligibility requirements. 

Income Eligibility Requirements

Household Size                Income Limits (Please check the income level that applies to you)

1 to 2: $170,760.00
3 or more: $199,220.00

The grant funds can be used towards closing and/or down payment assistance. Lenders & Real Estate Agents can contact Kathi Redford directly at Preferred Title & Escrow at (301) 513-9090 or via email:  kathi@preferredtitle.us

Application deadline has been extended to December 29, 2023, at 4 pm.

Applications reviewed upon submission; subject to funding availability.

For additional information or assistance, contact Assistant City Manager Tim George via email at tgeorge@greenbeltmd.gov or call (240) 542-2025.

Last Updated:
February 8, 2024

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