Homeownership Program

The Homeownership Program can help you to achieve your dream of purchasing your very own home. This program, funded by the Community Development Block Grant, was created to provide affordable homeownership opportunities to qualified individuals or families buying within the City of Hagerstown. If you have been pre-qualified for a mortgage loan and your annual income falls within program guidelines shown below, you may be qualified to purchase one of our renovated homes at a low price!

How Does It Work?

The City purchases vacant properties within City limits and renovates them to look like new. Properties are sold at the current appraised value to qualified applicants. This program may be combined with other mortgage assistance programs.
 Current Properties for Sale
 Currently Available: 
261 S. Prospect Street
263 S. Prospect Street
 Recently Sold: 
212 North Jonathan Street
214 North Jonathan Street
441 North Jonathan Street
443 North Jonathan Street
64 E. Franklin Street
Homeownership Program_graphic_s.prospect street


  Current Income Limits - Hagerstown MD
# Persons in Household
 1 Person
 2 Person
 3 Person
 4 Person
 5 Person
 6 Person
7 Person
 8 Person
 Annual Income
 $51,200 $58,500 $65,800 $73,100 $78,950 $84,800 $90,650

Eligible applicants will have an annual household income lower than the maximum amounts listed in the chart above and be pre-qualified for a mortgage loan.

How Do I Apply?

Contact  a local mortgage company or bank of choice and ask to be pre-qualified for a mortgage loan. Ask about the Maryland Mortgage Program, any available first-time homebuyer incentives, and assistance with down payment and closing costs. Once you have received a pre-qualification letter, you may schedule a tour of our available home(s) and apply for the Homeownership Program.

Are you working with a realtor and interested in one of our Homeownership Properties?  The City will pay a 2.5% commission to your realtor if you successfully complete the home purchase through our Homeownership Program.

Homeownership Program Application

 Note: Applications to the Homeownership Program must be accompanied with proof of a mortgage loan pre-qualification.
 If you would like to learn more about the Homeownership Program, please call our offices at 301-739-8577 ext. 111 or
 visit us at 14 N. Potomac Street, Suite 200 A.

Contact the Department of Community and Economic Development at dced@hagerstownmd.org or (301) 739-8577 x 111 to apply.