The Healthy Neighborhoods Initiative Homeowner Rehabilitation Loan Program makes available low interest loans to homeowners residing on the target blocks of the communities selected. For Midtown, this is the 900 to 1300 blocks of Calvert Street and the 100 to 200 blocks of East Biddle Street. The loans are intended to encourage homeowners to invest in visible, standard setting exterior repairs and value enhancing interior improvements and upgrades. The Baltimore City Department of Housing and Community Development administer the program, and the staff at Midtown Development is happy to assist you in applying and negotiating the regulatory landscape. To be eligible for the Healthy Neighborhoods Loan Program, you must be an owner-occupant of a house in the designated blocks, or purchasing a property for your primary residence, be able to repay the loan and meet the loan underwriting guidelines. Contact Linda Harrington at Midtown for additional information.

Many of the residential properties in the targeted neighborhoods qualify for a 20% Historic Rehabilitation Tax Credit from the Maryland Historical Trust and a property tax freeze from the Baltimore City Commission for Historic and Architectural Preservation (CHAP).In addition, commercial properties may be eligibile for an additional 20% tax credit from the National Park Service. The Midtown Development Corporation can assist property owners in planning, organizing, and filing the applications for these valuable tax credits. Please contact Sally Otto or Adam Blumenthal for more information