Do You Work in College Park? Want to Buy a House There?

Jan 29th, 2010

(from the City of College Park, Maryland blog)

Administered by the College Park Housing Authority and the College Park City-University Partnership, the WORK & LIVE COLLEGE PARK program provides affordable home ownership opportunities for people working in College Park while minimizing the number of foreclosed homes in the area. Through this program, buyers may be eligible to receive 10% of the purchase price (up to $35,000) in down payment and closing cost assistance towards a foreclosed home in College Park. To learn more about WORK & LIVE COLLEGE PARK, please read the program guidelines.

Funding

The WORK & LIVE COLLEGE PARK Program is made possible through a Neighborhood Conservation Initiative grant from Maryland’s Department of Housing and Community Development. The State DHCD grant is funded by the Federal Neighborhood Stabilization Program (NSP). Matching funds have also been contributed by the University of Maryland, the City of College Park, the College Park City-University Partnership, and the College Park Housing Authority.

More Information

Details for homebuyers, realtors, and lenders are on the City of College Park site (.pdf).

For more information, contact Regina Mitchell (College Park Housing Authority) and Amy Neugebauer (College Park City-University Partnership) at vog.dmkrapegellocnull@evilkrow or by phone at 301-345-3600.

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