Loan Programs



Click here for Loan Program Boundary Map


Click here for the Homebuyer and Energy Loan Information Chart


1. CHAI Homebuyer Purchase Loan: Up to $15,000

Applications: Available for new homebuyers and new homeowners up to six (6) months from date of purchase.

Location: Properties located in Northern Park Heights neighborhoods (check map for exact boundaries)

Sales Price: Maximum contract sales price of $300,000

Use of Funds: Maximum 1/3 of the loan for settlement assistance ($5,000). 

Loan Terms:  0% Interest

Monthly Payment: $83.33 for 15 years

CHAI loans require owner occupancy and two guarantors. The loan is recorded as a 2nd mortgage. Loan applications are available once there is a signed sales contract on the property.

Renovations must be approved in advance by CHAI and may include, but are not limited to:
• Kitchen upgrades/remodeling
• Bath and/or basement improvements
• HVAC upgrades
• Replacement windows or doors
• Floors: refinishing of hard wood, carpeting installation or tile
• Electric and plumbing upgrades
• Exterior painting or siding
• Steps and sidewalk repairs
• Gutter and downspout replacement or repair
• Landscaping 
• Roof

Download the Homebuyer Loan Application Packet

2. Energy Savings Loan

Due to the high program demand, CHAI has limited funds remaining.  Therefore, CHAI is suspending the acceptance of Energy Savings Loan applications.

If you have a completed application ready to submit, we will put you on an email contact list and inform you, if or when the program will resume accepting Energy Savings Loan applications.
You may Email:


3. "CHAI-Five" Renovation Loan 

Location: Homes within Northern Park Heights Homeownership Program Area in the Glen and Fallstaff Area only
Renovations may include, but are not limited to:

●  Kitchen remodeling 
●  Bathroom remodeling
●  Basement refinish
●  Electric & plumbing upgrades
●  Floors: refinishing hardwood, carpet, tile
●  HVAC / Heating and Air Conditioning
●  Exterior painting or siding
●  Roof/gutter/downspout repair or replace
●  Exterior front façade
●  Landscape Improvements 
Loan Terms:  0% Interest
Monthly Payment: $83.33 for 5 years

Click here for more information about the CHAI-5 Loan

4. Healthy Neighborhoods Loans and Incentives
Available for people who want to buy, modernize or make improvements to their home.


For more information, contact Homeownership Services at 410-500-5309.