Invest Hagerstown Grant Programs

Program Goals

In partnership with private developers, the City of Hagerstown wishes to:
1. Inspire and enable significant redevelopment, both city-wide and in the urban core, reusing and repurposing existing vacant and under-utilized properties, in which there are market conditions and/or significant barriers to development or redevelopment.
2. Create the opportunity for new jobs throughout the City of Hagerstown and Washington County.
3. Increase the value of Hagerstown’s commercial and mixed use properties.
4. Strengthen and improve market rate rental properties and increase homeownership.

There are four (4) Grant Programs available under the Invest Hagerstown Program.

1  City Center Redevelopment Grant Program

Grants from a minimum of $150,000 to a maximum of $250,000 and requiring a minimum 2:1 match from the developer. Projects ranging $450,000 to $750,000+.

2  City-Wide Redevelopment Grant Program

Grants from a minimum of $5,000 to a maximum of $25,000 and requiring a minimum 2:1 match from the developer.  Projects ranging from $15,000 to $75,000+.

Complete program guidelines apply.

Click on the following link for the full Guidelines and Application Form for the City Center and City-Wide Redevelopment Grant Programs

3  City-Wide Down Payment and Rehabilitation Grant Program

Homeownership Down Payment and Rehabilitation grants of $7,500 offered City Wide.  Property must be built prior to 1960 and be vacant for 12 months.  Or the property may be a conversion of a rental of 2 or more units to a single unit, owner-occupied home.

Complete program guidelines apply.

Click on the following link for the full Guidelines and Application Form for the City-Wide Down Payment and Rehabilitation Grant Program

4  Rental Property Rehabilitation Grant Program

Grants of $7,500 for rental property rehabilitation to market rate rental and requiring 2:1 match.  Grant $7,500 + Match $15,000 = $22,500 + Projects.

Complete program guidelines apply.

Click on the following link for the full Guidelines and Application Form for the Rental Property Rehabilitation Grant Program