GO Northwest Baltimore
The Garwyn Oaks Northwest Housing Resource Center, Inc.
Healthy Neighborhoods Information
Healthy Neighborhoods serves the Garwyn Oaks, Hanlon & Howard Park Communities...
As a resident, just how familiar are you with the Healthy Neighborhoods Program?
The Garwyn Oaks/Northwest Housing Resource Center, Inc. is proud to be a partner of the Healthy Neighborhoods Program.
What is Healthy Neighborhoods?
Simply put, Healthy Neighborhoods is a neighborhood partner. The purpose of the Healthy Neighborhood Program is to aid and assist residents in helping them increase their home values, market your community, create high standards for property improvements, and through programs such as the Healthy Neighborhood Block Projects, to forging strong connections among your neighbors. Also to improve and preserve the beauty and value of their homes and neighborhoods.
Healthy Neighborhoods also offers to residents innovative and below market financing for purchasing, rehab and home improvement loans for your home as well as and professional contractor’s advice for home rehabbing.
The Healthy Neighborhoods Loan Programs:
Healthy Neighborhoods has established a loan program to support the acquisition and/or rehabilitation of owner occupied homes in the Garwyn Oaks, Hanlon and Howard Park. In order to encourage activity in these communities, the Healthy Neighborhoods loan program has important incentives and innovations including a discounted loan rate and the capacity to lend in excess of the after rehabilitation value of your home.
The Healthy Neighborhoods Loan Program offers three types of loans to borrowers:
- A purchase/rehab loan available to people purchasing homes on target blocks
- A refinance/rehab loan for more substantial improvements which will require refinance of the existing first mortgage on the home available to homeowners on target blocks.
- A home improvement loan of up to $40,000 available to homeowners in the Hanlon community.
Why Use Healthy Neighborhoods:
HEALTHY NEIGHBORHOODS LOANS
Healthy Neighborhoods Loans give homeowners in the Garwyn Oaks and
Hanlon communities tools they need to purchase and/ or renovate their homes.
Borrow up to 120% of the after-
- 30 year fixed rate mortgage
- 1 point below Fannie Mae 60 day Rate
- No mortgage insurance
- Free Architectural advice
With all the renovations currently taking place in Northwest Baltimore…..
why wouldn’t you want to consider Healthy Neighborhoods as your financial funding source?
Block Projects:
For more information about or how to apply for the Healthy Neighborhood Program, call The Garwyn Oaks/
Northwest Housing Resource Center at (410) 947.0084 or log onto www.healthyneighborhoods.org.
What We Offer:
- Free Homeownership Counseling
- Homeownership & Home Maintenance Workshops
- Information & Technical Assistance on Homeownership & Housing Rehab Programs/Issues
- Referral Service on Community Issues
For more information, contact us at 410-
