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September 30, 2008

Living near your work -- and getting money for it

Maryland's largest private employer -- the Baltimore-based Johns Hopkins Institutions -- has upped its down payment and closing-cost help for employees buying homes near the university or hospital. The maximum, once $2,500, is now $17,000, Johns Hopkins announced yesterday.

That ranges depending on where workers want to buy. As you can see from this map, the largest grants go to people moving into the Harwood, Barclay, Greenmount West and EBDI neighborhoods.

Other employers provide down payment and closing-cost grants, too. You can see the list of companies participating in the state's House Keys 4 Employees program here.

Posted by Jamie Smith Hopkins at 9:15 AM | | Comments (0)
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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