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First-Time Homebuyers Incentive Program (FTHIP)

Quick answer

First-Time Homebuyers Incentive Program (FTHIP) is a Maryland down payment assistance program from Baltimore City Department of Housing & Community Development (DHCD). It provides not stated as a forgivable loan. It is aimed at first-time buyers. Eligibility, income limits and funding are set by the agency, so confirm current terms on its official page.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast verified

Eligibility notes

Covers 50% of required down payment, GAP funding and interest rate buydown up to 2.5%, plus possible $5,000 bonus; loans generally forgiven after 5 years occupancy; homeownership class from City-approved counselor and $1,000 own funds required; $558,571 remaining as of 10/19/2026; flyer dated January 15, 2026; applications submitted by counselor and lender.

Where does First-Time Homebuyers Incentive Program (FTHIP) apply?

This city-level program is available to buyers in Baltimore. Cities on our site where it applies:

DetailProgram terms
Assistancenot stated
TypeForgivable loan
Minimum creditNot published on the program page
First-time buyerRequired
Income limits80% AMI

How does First-Time Homebuyers Incentive Program (FTHIP) work with an FHA loan?

Maryland's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down.

Where do I confirm current terms?

On the official page: https://www.baltimorecity.gov/dhcd/homeownership-incentives. Programs can pause when funds run out, so confirm availability with a participating lender.

← All Maryland down payment assistance programs

Frequently asked questions

not stated, according to Baltimore City Department of Housing & Community Development (DHCD).

It's a forgivable loan: forgiven if you meet the occupancy period, otherwise repaid.

80% AMI

Sources

Data last updated October 25, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.