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    <title>Live Baltimore Expands “Buy Back the Block” Program to Help More City Residents Become Homeowners - Stacey Abrams Newsroom</title>
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        <title>Live Baltimore Expands “Buy Back the Block” Program to Help More City Residents Become Homeowners</title>
        <link>https://stacey-abrams-ecosystem.mmcxchange.com/detail/live-baltimore-expands-buy-back-the-block-program-to-help-more-city-residents-become-homeowners</link>
        <pubDate>Wed, 15 Jul 2026 20:23:44 -0400</pubDate>
        <dc:creator><![CDATA[The Baltimore Times]]></dc:creator>
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                        <guid isPermaLink="false">https://stacey-abrams-ecosystem.mmcxchange.com/detail/live-baltimore-expands-buy-back-the-block-program-to-help-more-city-residents-become-homeowners</guid>
        <description><![CDATA[Program relaunches July 15 with expanded eligibility map Baltimore, MD&nbsp;&mdash; Live Baltimore today announced the relaunch of its nationally award-winning&nbsp;Buy&#8230;]]></description>
        <content:encoded><![CDATA[<p><img src="https://mmcxchange.s3.us-east-2.amazonaws.com/uploads/cover_photo/1784127281_c0f68a38b865d90e.webp" alt="Live Baltimore Expands “Buy Back the Block” Program to Help More City Residents Become Homeowners" /></p><p class="MsoNormal" style="text-align: center;"><strong><em>Program relaunches July 15 with expanded eligibility map</em></strong></p>
<p class="MsoNormal"><strong>Baltimore, MD</strong>&nbsp;&mdash; Live Baltimore today announced the relaunch of its nationally award-winning&nbsp;<u><a href="https://livebaltimore.com/bbb/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/bbb/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw1856Dxz-sIqRKBtoV5cxNj">Buy Back the Block program</a></u>, a groundbreaking initiative that helps Baltimore City residents become homeowners and build wealth in the very neighborhoods they already call home. First introduced as a pilot in 2023, the program has delivered strong early results and&nbsp;<strong>will reopen to applicants beginning July 15, 2026, with its largest eligibility area to date.</strong></p>
<p class="MsoNormal">&ldquo;We are incredibly excited to relaunch Buy Back the Block with record-level funding and the broadest eligibility map this program has ever seen,&rdquo; said Live Baltimore Executive Director&nbsp;<strong>Meghan McCorkell.&nbsp;</strong>&ldquo;By growing both our resources and our reach, we can help many more Baltimore renters become Baltimore homeowners. We&rsquo;re profoundly grateful to the Mayor, City Council, and the Mayor&rsquo;s Office of Recovery Programs for standing with us to make this kind of transformative opportunity a reality for our residents.&rdquo;</p>
<p class="MsoNormal">&ldquo;I&rsquo;m so proud of the way we used the American Rescue Plan Act and City dollars to help over 200 Baltimoreans buy a home,&rdquo; said&nbsp;<strong>Mayor Brandon M. Scott</strong>. &ldquo;Restarting Buy Back the Block means more folks will be able to create and build wealth for themselves and their families here in Charm City. That&rsquo;s life-changing for the residents who will directly benefit from this program and all those who will indirectly benefit from the historic growth of our city."</p>
<p class="MsoNormal">Buy Back the Block provides financial assistance to income-eligible Baltimore City residents who wish to purchase homes in designated areas with the goal of&nbsp;<strong>preventing displacement, stabilizing communities, and increasing Black homeownership and generational wealth.&nbsp;</strong>The&nbsp;<a href="https://livebaltimore.com/wp-content/uploads/2026/07/New-vs-Old-Eligibility-Map.jpg" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/wp-content/uploads/2026/07/New-vs-Old-Eligibility-Map.jpg&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw1bGQPRtc-JtFkQEvLxX-_r">new eligibility map</a>&nbsp;for the July 2026 relaunch is now defined by&nbsp;<u><a href="https://www.baltimorecity.gov/planning/our-work/maps-data/housing-market-typology" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.baltimorecity.gov/planning/our-work/maps-data/housing-market-typology&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw2weT3ITKSWLYEsXsm3MXvi">Baltimore City&rsquo;s Housing Market Typology,</a>&nbsp;</u>categories D through J, rather than the previously federally mandated Qualified Census Tracts, increasing the number of potentially eligible applicants across the City.</p>
<p class="MsoNormal"><img class="align-center" src="https://mmcxchange.s3.us-east-2.amazonaws.com/uploads/editor_images/New_vs_Old_Eligibility_Map_6a57a0b175e862.92296714-702.jpg" alt="" width="785" height="606"></p>
<p class="MsoNormal"><strong>Evidence of Impact</strong></p>
<p class="MsoNormal">Since its pilot phase began in 2023 through June 2026, Buy Back the Block has:</p>
<ul>
<li><span role="presentation">Awarded&nbsp;<strong>218 homeownership grants</strong>&nbsp;to Baltimore City residents.</span></li>
<li><span role="presentation">Provided more than&nbsp;<strong>$3.12 million in direct financial assistance</strong>&nbsp;toward home purchases.</span></li>
<li><span role="presentation">Supported home sales totaling&nbsp;<strong>$46.0 million across 88 Baltimore neighborhoods</strong>.</span></li>
<li><span role="presentation">Generated an estimated&nbsp;<strong>$2.03 million in single-year City property tax revenue</strong>&nbsp;from participating home purchases<strong>.</strong></span></li>
</ul>
<p class="MsoNormal">&nbsp;In the most recent run of the program from October 2025 to June 2026, 99% of grant recipients were first-time homebuyers. These results highlight the program&rsquo;s ability to boost neighborhoods, assist long-term residents, and enhance Baltimore&rsquo;s tax revenue, all while increasing homeownership opportunities. The Buy Back the Block&nbsp;<u><a href="https://livebaltimore.com/wp-content/uploads/2026/06/BBB-Impact-Report_FY2026.pdf" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/wp-content/uploads/2026/06/BBB-Impact-Report_FY2026.pdf&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw2aRRcshSve7VRQsY1eW-Sa">FY26 Impact Report</a></u> offers a comprehensive overview of the program, including customer demographics.</p>
<p class="MsoNormal">Funding for Buy Back the Block is made possible through an award from the Mayor and City Council of Baltimore, as well as a grant from the Mayor&rsquo;s Office of Recovery Programs.</p>
<p class="MsoNormal"><strong>Grant Options</strong></p>
<p class="MsoNormal">Through Buy Back the Block, eligible homebuyers may qualify for one of two grant options:</p>
<ol start="1">
<li><span role="presentation"><strong>$15,000 grant</strong>&nbsp;towards the purchase of a home; or</span></li>
<li><span role="presentation"><strong>$20,000 grant</strong>&nbsp;toward the purchase&nbsp;<em>and</em>&nbsp;renovation of a home.</span></li>
</ol>
<p class="MsoNormal">These funds are structured as grants that do&nbsp;<strong>not</strong>&nbsp;<strong>need to be repaid</strong>. Eligible applicants must currently live in a grant-eligible address and have lived there for at least 12 consecutive months, complete homeownership counseling through a city-approved agency, work with a Live Baltimore-approved lender, and meet other income and eligibility requirements.&nbsp;</p>
<p class="MsoNormal">"Building a competitive economy for working families in Maryland must include homeownership, which still remains one of the quickest paths to economic growth and stability for Marylanders,"&nbsp;<strong>said Maryland Department of Housing and Community Development Secretary Jake Day.</strong>&nbsp;"In Baltimore, we're removing barriers to bring more families closer to homeownership. By layering the new&nbsp;<u><a href="https://livebaltimore.com/resident-resources/financial-incentives/reinvest-baltimore-rate-savings/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/resident-resources/financial-incentives/reinvest-baltimore-rate-savings/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw14L8ZI7i3LQiRX4c5UvDlF">Reinvest Baltimore Rate Savings</a></u>&nbsp;and&nbsp;<u><a href="https://livebaltimore.com/resident-resources/financial-incentives/reinvest-baltimore-down-payment-assistance/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/resident-resources/financial-incentives/reinvest-baltimore-down-payment-assistance/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw3lMoGnRCwd_rD4Bj0ZSKOU">Reinvest Baltimore Down Payment Assistance</a></u> incentives with Buy Back the Block, residents can unlock greater purchasing power and put down stronger roots in the neighborhoods they love."</p>
<p class="MsoNormal"><img class="align-center" src="https://mmcxchange.s3.us-east-2.amazonaws.com/uploads/editor_images/Lauraville_6a57a17c89a2c8.86229910-826.jpeg" alt="" width="785" height="606"></p>
<p class="MsoNormal"><strong>Relaunch Details &amp; Call for Applications</strong></p>
<p class="MsoNormal"><strong>Relaunch Date:</strong> Wednesday, July 15</p>
<p class="MsoNormal"><strong>How to Apply:</strong>&nbsp;Baltimore City residents who do not currently own any real estate and are interested in Buy Back the Block should visit&nbsp;<u><a href="https://livebaltimore.com/bbb/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/bbb/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw1856Dxz-sIqRKBtoV5cxNj">LiveBaltimore.com/bbb</a></u> to verify their address, take the eligibility quiz, and view additional resources. Grant funding is limited and will be awarded on a first-come, first-served basis.</p>
<p class="MsoNormal"><strong>To learn more:</strong>&nbsp;Download the full&nbsp;<u><a href="https://livebaltimore.com/wp-content/uploads/2026/06/BBB-Impact-Report_FY2026.pdf" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/wp-content/uploads/2026/06/BBB-Impact-Report_FY2026.pdf&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw2aRRcshSve7VRQsY1eW-Sa">Buy Back the Block FY26 Impact Report</a>,</u>&nbsp;visit&nbsp;<u><a href="https://livebaltimore.com/bbb/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/bbb/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw1856Dxz-sIqRKBtoV5cxNj">LiveBaltimore.com/bbb</a></u>&nbsp;for application details, and hear&nbsp;<a href="https://livebaltimore.com/bbb-recipients/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://livebaltimore.com/bbb-recipients/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw0OBXkk0JmxhWtO_fJtzr8v">program recipient testimonials</a>.</p>
<p class="MsoNormal"><strong><em>About Live Baltimore</em></strong></p>
<p class="MsoNormal"><em>Live Baltimore is a nationally recognized, independent nonprofit organization committed to promoting the benefits of Baltimore City living. Each year, Live Baltimore provides thousands of individuals with information on the city&rsquo;s 250+ neighborhoods, rental living options, homebuying incentive programs, historic tax credits, and more. For more information, visit&nbsp;</em><em><u><a href="http://livebaltimore.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://livebaltimore.com/&amp;source=gmail&amp;ust=1784206646080000&amp;usg=AOvVaw3_sU8sZLqChRAEvEBM9crI">LiveBaltimore.com</a></u></em><em>.&nbsp;</em><strong><em>PRONUNCIATION NOTE:&nbsp;</em></strong><em>Live Baltimore&rsquo;s name is pronounced with a short &ldquo;I&rdquo; sound, as in &ldquo;I&nbsp;</em><strong><em><u>live</u></em></strong><em>&nbsp;in Baltimore City.&rdquo;</em></p>]]></content:encoded>
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