WNADA LNYW (Live Near Your Work) Initiative

WNADA LNYW is a homebuying grant program funded by WNADA. Grants are open to full-time, benefits-eligible employees of one of the employers listed below who purchase a home within the 21217 and 21216 ZIP codes of Baltimore City.

Baltimore City matches employers’ contributions between $1,000 and $2,500 in the form of a grant. The total amount of assistance depends on the employer’s participation. To get started, complete homeownership counseling from a City-approved counseling agency and contact your employer’s benefits administrator.

PROGRAM BENEFIT

This program reduces the amount of money you’ll need up-front to buy your home.

Eligible Employers

• Coppin State University
• MICA
• WNADA
• State of Maryland with offices in Baltimore City
• Druid Heights CDC
• Coppin Heights CDC
• Greater Mondawmin Coordinating Council
• Upton Planning Committee
• Elev8/Sandtown-Winchester Community Collective
• Reservoir Hill Equitable Development Corporation
• Black Arts District

ELIGIBILITY & LIMITATIONS

• You must earn a homeownership counseling certificate from a City-approved counseling agency before making an offer on your home. This certificate is awarded only after you complete a homeownership workshop AND a counseling session. *Homeownership certificates are valid for 12 months from the date of completion.
• You must live in this home as your primary residence, as defined by the state of Maryland, for a period of at least 5 years from the date of settlement.
• You must contribute at least $1,000 of your own money to your home purchase.
• Your employer must participate in this program.
• ALL applicants MUST use Druid Heights CDC approval to receive funding.
• Your mortgage amount cannot exceed $667,000 for a single-family home.
• You must apply and be approved prior to closing on your home. Program funds are not retroactive.
• Fixed-rate mortgages only. Co-signers, cash sales, no-document loans, interest-only loans, and owner-financing are not permitted.
• Only one WNADA LNYW grant may be used per eligible address.
• Applying for a grant does not guarantee a grant or approval.
• WNADA LNYW grants are available on a first-come, first-served basis; approval & disbursement of funds is contingent upon the timely receipt of required documents and remaining availability of funds.

ADDITIONAL REFERENCES & RESOURCES

City-approved Counseling Agencies

WNADA LNYW Program Flier

Steps on How to Apply

PROGRAM CONTACT

Druid Heights CDC
(410) 523-1350
Email
Website