Incentive Programs

Buy In Belair-Edison

Belair-Edison Neighborhood, Inc. (BENI) is offering an exclusive new homebuyer incentive that can be easily layered with other programs available in the city! A down-payment grant is available for homes purchased in Belair-Edison. This incentive program is ONLY available for owner-occupant buyers in the Belair-Edison neighborhood. For more details call 410-485-8422.


More Resources
  • Combine incentive dollars with more funding with assistance from Healthy Neighborhood Initiative (HNI) and other city incentive programs, see below for additional information.
  • Click here to view a map of the neighborhood.
  • Connect with a knowledgeable specialist to help you find your new home with our Belair-Edison Premier Real Estate Agents. Our agents have been trained on first-time homebuyer assistance and financial incentive programs. Let them help you navigate the home buying journey, click here to find an agent.


For more information contact John Watkins  at or call 410-485-8422. Incentive dollars are available on a first-come, first-served basis, until all funds are awarded.

Healthy Neighborhoods Initiative

Did you know that the Healthy Neighborhoods Initiative, (HNI) provides prospective homeowners with low-interest mortgage and home renovation financing as well as up to $10,000 in home improvement matching grants? Even better news – there is no mortgage insurance associated with those loans and you can receive professional assistance on renovations to your home at NO COST!


HNI Purchase-Rehab and Refinance-Rehab Loans

Homes on target blocks are eligible for Purchase-Rehab and Refinance-Rehab loans; offering below-market interest rates, free design advice, no private mortgage insurance requirement and more. Target blocks are the strongest blocks in the neighborhoods. They have high levels of homeownership and engaged residents, enabling Healthy Neighborhoods to have a significant impact by helping to build the real estate market and strengthen social connections. View the complete list of HNI target blocks in Belair-Edison.


Eligible borrowers must also use this loan to make improvements to the property in conjunction with the purchase. The loan carries a fixed interest rate that’s always 1% below the 60-day Fannie Mae rate, but in no event less than 4%. After contributing 3% of the purchase price from their own funds, buyers may borrow the balance of funds needed to buy and renovate the home, as much as 110% of the after-rehabilitation appraisal of the property. No private mortgage insurance is required. Design assistance from an architectural firm is available at no cost to help buyers plan improvement and review contractor proposals.


For more information contact Rahn V. Barnes, Manager at Healthy Neighborhoods, Inc. at 410-332-0387 x154 or Learn more about the HNI Programs.

HNI and St. Ambrose Housing Aid Center

This special first mortgage loan program is for purchasers of formerly vacant homes that have been renovated by St. Ambrose Housing Aid Center in the Belair-Edison community. This loan is for purchase only and there is no renovation work required. The interest rate will be fixed at 1% below the 60-day Fannie Mae rate, but never less than 4%. The loan term is 30 years and requires no private mortgage insurance.

Baltimore Homeownership Incentive Program (B-HiP)

The B-HiP from Baltimore Housing are incentives specifically tailored for Baltimore City homebuyers. From Vacants to Value Booster to Live Near Your Work to Buying Into Baltimore – there’s an incentive for everyone! There are a wide variety of programs that can also be layered for maximum savings (for example, you could be a Baltimore City employee that purchases a home in a Healthy Neighborhoods Initiative target block and receive both incentive benefits). Learn about the many B-HiP programs.

Live Near Your Work Program

The Live Near Your Work Program (LNYW) is an effort between Morgan State University (MSU) and Baltimore City to increase home ownership among MSU employees while also supporting community revitalization in Northeast Baltimore City. The Program encourages full-time MSU employees to take up residence in the surrounding neighborhoods. Imagine walking or biking to work in less time it takes to enjoy a cup of coffee!


Learn more details about the LNYW program, download the application, view a map of the Morgan Community Mile and more here.


If you are a MSU employee and want to learn more about the Live Near Your Work program contact Belair-Edison Neighborhoods, Inc. at 410-485-8422. We can help you start the process and answer any other homeownership questions.

belair edison chesterfield house
belair edison bathroom renovation
belair edison neighborhood
Belair-Edsion home for sale