Incentives for Homeowners

Living in Hagerstown offers all the benefits of being part of a unique and vibrant community. If you're thinking of relocating, or you already call Hagerstown home, take a look at some of the opportunities to make city life easy on your wallet!

You may be able to save some cash by taking advantage of one or more of our incentive programs:

I want to buy my new home in Hagerstown

Hagerstown Homeownership Program

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Looking for your new home at a great price? Consider buying one of the City's completely renovated homes through the Hagerstown Homeownership Program.

Hagerstown Homeownership Initiative

The Hagerstown Homeownership Initiative (HHI) offers an applicant up to $7,500 in down payment/closing cost incentives to reduce the barriers associated with homeownership within the City of Hagerstown by providing support in the form of a forgivable loan-to-grant program. This investment will support our neighborhoods across the city by reducing vacant homes and boosting new homeownership.

In January 2022, the program was updated with the following changes to remove barriers and open the program to more applicants:

  1. Removing the 12-month vacancy requirement.
  2. Removing the “built prior to 1960” property age requirement.
  3. Removing rehabilitation expenses as an eligible use of the grant funding.
  4. Extending eligible properties to include townhomes and condos.
  5. Establishing priority to first time home buyers, current renters, and those purchasing vacant properties.
  6. Requiring applications to be submitted at least 30days prior to settlement versus 15business days.
  7. Clarifying that the program is loan to grant, and no payments would be required to the City if conditions are met.

To Apply:
For full program information, please contact the Dept. of Community and Economic Development. 

Department of Community and Economic Development
301-739-8577 ext. 111
14 N. Potomac St. Suite 200A
Hagerstown, MD 21740

I already live in Hagerstown and want to apply for a Rehabilitation Loan or Grant

    

Single Family Rehabilitation Loans and Residential Rehabilitation Loans 

- In need of comprehensive renovations to a single family structure or a multi-family structure? Your project may qualify for a low interest loan through the Department of Community and Economic Development. Loan funding is contingent upon Hagerstown Loan Review Authority approval and subject to funding availability. Single family homeowners may also qualify for a grant for eligible emergency repairs.  Federal CDBG income requirements apply.
Homeowner Application 

Emergency Repair Program 

- An "emergency repair" is defined as a situation that is life threatening, or one that prohibits someone from living in decent, safe, and sanitary conditions.  Income-qualified homeowners may be eligible for a grant of up to $10,000 for eligible emergency repairs and/or a low interest loan to complete comprehensive improvements to their property.  Federal CDBG income requirements apply.
Homeowner Application 
   

Maryland Housing Rehabilitation Program (MHRP)

- If you're interested in remodeling or improving your home or just need to meet code requirements, this may be the program for you! Grants and loans are available based on eligibility. Both homeowners and investment property owners may apply.
Homeowner Application | Investment Property Owner Application | MHRP Program Website

To Apply:

For full program information, please contact the Dept. of Community and Economic Development. We strongly encourage applicants to call before applying.

Department of Community and Economic Development

301-739-8577 ext. 134 or ext. 111
14 N. Potomac St. Suite 200A
Hagerstown, MD 21740