Thank you for your interest in buying a home in the City of Bowie. The City no longer offers the "Home buyer Assistance Program". However, the City's Office of Grant Development and Administration (OGDA) continues to work closely with the State of Maryland Department of Housing and Community Development (MD DHCD). The Office collaborates with DHCD on important programs such as:
The Maryland Mortgage Program
The Maryland Mortgage Program provides help in the form of down payment assistance, as well as a range of partner match programs from employers, developers and community organizations that can help you cover these down payment and closing costs. These programs may make it possible for first-time home buyers to afford a mortgage when they would not be able to do so the conventional way.
The Maryland HomeCredit Program
A Maryland HomeCredit can save a home buyer tens of thousands of dollars over the life of a home loan, and makes owning a home more affordable. Together with a home loan through the Maryland Department of Housing and Community Development's (DHCD's) Maryland Mortgage Program (MMP), which offers down payment assistance and the certainty of a 30-year fixed interest rate, the State of Maryland is making the dream of sustainable home ownership a reality for more Marylanders than ever.
The Maryland Homebuyer Education Program
There are a lot of things that you can do to get ready for purchasing a home, but the one that will make the biggest difference is educating yourself. The Maryland Mortgage Program provides borrowers with an opportunity to complete a class designed to prepare you for the process of purchasing a home in Maryland.