Coppin State University Partners with Baltimore to Launch “Live Near Your Work” Homeownership Program
Baltimore, MD – Coppin State University has launched its “Live Near Your Work” program, an innovative initiative designed to promote homeownership among employees and to contribute to the revitalization of West Baltimore communities. This partnership with the City of Baltimore offers significant financial incentives to Coppin State University employees who choose to purchase homes near their workplace.
Through the program, eligible employees can receive grants starting at $50,000 to assist with down payments and closing costs. These grants, which may increase based on eligibility, are jointly funded by Coppin State University and the City of Baltimore, demonstrating a shared commitment to fostering community development and stability.
Financial Assistance
- Grants start at $50,000; up to $90,000 can be awarded with the help of additional assistance programs.
Community Revitalization
- Strengthening West Baltimore neighborhoods by encouraging employees to live closer to their workplace.
Support for First-Time Homebuyers
- Special provisions to make homeownership more accessible for first-time buyers.
To qualify for the “Live Near Your Work” program, employees must meet the following criteria:
- Be a full-time, benefits-eligible employee of Coppin State University.
- Commit to using the purchased property as their primary residence.
- Agree to live in the property for a minimum of 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 Dr. Anthony L. Jenkins, President of Coppin State University. “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.”
For more information about the “Live Near Your Work” program and how to apply, Coppin State University employees are encouraged to contact the Human Resources department.
