Baltimore City Doubles Incentives For First-Time Homebuyers To $10,000

Baltimore City is doubling the incentives it offers to eligible first-time homebuyers from $5,000 to $10,000 in an effort to make buying a home more affordable, Mayor Brandon Scott announced on Wednesday. On top of that, the city is offering up to $20,000 in financial incentives to qualified candidates who purchase their first home in parts of the city designated as Impact Investment Areas, the mayor’s office said in a news release detailing the changes.