Coppin State University, a historically Black educational institution, and the City of Baltimore have recently launched the “Live Near Your Work” program, an initiative that will promote homeownership among Coppin State employees and the West Baltimore community.
The new program will provide eligible employees with grants ranging from $50,000 to $90,000 to assist with down payments and closing costs. To receive a grant, awardees must be a full-time employee, commit to using their new property as their primary residence, and agree to live in their new home for at least five years.
“We are proud to launch the ‘Live Near Your Work’ program as part of our ongoing efforts to support our employees and invest in the future of West Baltimore and the State of Maryland,” said Coppin State University President Anthony Jenkins. “This initiative not only helps our staff achieve the dream of homeownership but also strengthens our community by fostering closer connections between where we work and live.”