The City of Laurel Homebuyers Assistance Program is designed to help individuals and families achieve homeownership.
Donor Name: City of Laurel
State: Maryland
City: Laurel
Type of Grant: Grant
Deadline: All Time
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
Program Process & Benefit
- The Economic and Community Development Department will determine program eligibility.
- Once qualified, and after closing on your home and providing the final settlement documents, you will receive a $5,000 assistance payment.
Funding Information
- For Fiscal Year 2026, the City allocated $50,000 from the General Budget for this program.
- This funding will support 10 eligible homeowners, each receiving $5,000 after closing.
Eligibility Criteria
- First-Time Homebuyers or individuals who have not purchased a home within the past five (5) years.
- The home must be the primary residence and cannot be used as an investment property.
- Applicants must provide proof of not having purchased a home in the last five years (e.g., W-2 form, tax return, or other acceptable documentation).
For more information, visit City of Laurel.
