Loan Programs

Click here for CHAI's Detailed Loan Fact Sheets

Click here for a map of our General Services Area


(All of the below CHAI loans are mortgage loans.)


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

Applications: Available for new homebuyers and new homeowners up to six (6) months from date of purchase.
Location: Homes within Glen & Fallstaff neighborhoods qualify for up to $15,000
Homes within Cheswolde, Cross Country and Mt. Washington qualify for up to $10,000

Sales Price: Maximum contract sales price of $400,000

Use of Funds: Maximum 1/3 of the loan for settlement assistance ($5,000). 
$500 minimum for landscaping & curb appeal​

Loan Terms:  0% Interest

Monthly Payment: $83.33 for 10 or 15 years depending on total loan amount.

CHAI loans require owner occupancy. First time home buyers can apply for this loan within 6 months after purchasing a house.​
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 of $5,000 or $10,000

Location: Owner occupied homes in the CHAI General Service Area (GSA) and adjacent communities (see maps).

Baltimore City: 5 Northwest neighborhoods: Glen, Fallstaff, Cross Country, Cheswolde and Mount Washington.

Baltimore County: 5 communities of Pikesville (21208), Greenspring (21209), Owings Mills (21117), Randallstown (21133), and Reisterstown (21136).

Renovations may include, but are not limited to:
Energy Savings Improvements:

  • Insulating & Air Sealing
  • Windows & Doors
  • Heating & Air Conditioning (Energy Star qualified ONLY)
  • Appliances (Energy Star qualified ONLY)

See application for complete list & details.

Must use a Maryland Home Improvement Contractor (MHIC), and one that is BPI certified for insulation and air sealing improvements 

Loan Terms:  0% Interest
Monthly Payment: $83.33 for 5 or 10 years

Qualifying Ratios:  Maximum allowed: Housing: 30%    Debt: 45%

Credit Score:  Minimum 620

CHAI will check your credit reports and credit score.  Costs $40 for single, $55 for joint 

Other Requirements: Energy Audit Required, cost $100 ($400 value, $300 subsidized by BGE)​

Payment Requirements: Repayment by ACH monthly auto bank debit only. Borrowers may not refinance to receive cash out during the term of the loan.

3. CHAI Home Improvement Loan of $10,000

Location: Homes within the Northwest Baltimore Neighborhoods of Cheswolde, Cross Country, Fallstaff, Glen, and Mt. Washington.

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 10 years​


  • Borrowers must be in home 2+ years to qualify
  • Borrowers may not refinance to receive cash out during the term of the loan, including HELOCs (Home Equity Line of Credit).
  • Property must remain the primary residence of the borrower(s).


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 410-500-5300.