Healthy Neighborhoods helps strong but undervalued Baltimore neighborhoods increase home values, market their communities, create high standards for property improvements, and forge strong connections among neighbors.
- Healthy Neighborhoods Receives $26,092,880 Federal NSP 2 Award HUD Secretary Donovan announces $2 billion in recovery act grants to stabilize neighborhoods, rebuild local economies
- Hombuyer Tax Credit Information from the National Association of Realtors
- Federal Homebuyer Tax Credit Extended
- Tax Credit Q and A: What's New About This Tax Credit
- Tax Credit Sparks Potential Homebuyers' Questions
Healthy Neighborhoods Loan Pool Update
On August 12, 2009, the Federal Office of Thrift Supervision (OTS) directed Bradford Bank to cease making loans. On August 28, 2009, the OTS took control of Bradford Bank and certain of the banks assets were sold to M&T Bank. Bradford Bank provided interim financing for and managed the loan program since its inception.
We have identified a major national bank to assume leadership and management of the loan pool. We are working together on the details of an agreement and expect a final commitment in mid January. The program will prioritize closing loans that were already in the system in the order they were scheduled to close.
This will have no impact on borrowers or loans which are closed or homes under renovation.
For more information, click below.more
