By: Ryan Sharrow
March 9, 2010
Baltimore has been awarded $300,000 to assist 60 low-income families become first-time homebuyers.
The new round of cash will assist 60 eligible families with $5,000 in assistance each.
The incentives can be used with the federal government's $8,000 first-time home buyers tax credit being offered through April 30.
In addition, city workers may qualify for $3,000 in funds through the Baltimore's Employees Homeownership Program.
"This window of combined opportunities is time sensitive," said Paul Graziano, the city's housing commissioner, in a statement. "First-time homebuyers are encouraged to take advantage of available city homeownership incentives while federal help is being offered."