This Community Development Administration (CDA) loan will require the owner to occupy the residence. The companies in the list below offer their employees eligibility to participate in the House Keys 4 Employees assistance program. If you work for one of these companies you should know that Maryland Department of Community Development (DHCD) will match participating employer's funds 1:1 up $5,000, totaling $10,000. Additionally Smartkeys for Employees will double the matching contribution to $10,000 totaling $15,000 if the loan is in a priority funding area within 10 miles of their employment.
The following programs offer additional down payment & closings costs assistance in conjunction with House Keys 4 Employees and Smart Keys Employees Programs:
DSELP (Down & Expense Program Settlement Loan Program)
Funds up to an additional $3,500 as a deferred loan at 0% DSELP ONLY Property must be located in City of Baltimore, Anne Arundel, Baltimore, or Harford counties
MMP +2% A grant equal to 2% of the loan amount. The grant is not repayable.
MMP +3% A grant equal to 3% of the loan amount. The grant is not repayable.
If you elect to use either the MMP+2% or MMP+3% programs, you will pay a slightly higher interest rate.
You may select only one of the standard down payment and closing cost assistance programs: the MMP+ 2% or MMP+ 3% Program; or a DSELP loan
Do I have to be a first time home buyer to get a CDA loan?
Borrowers purchasing in Targeted Areas do not have to be a first time home buyer. However, borrowers purchasing in an area that is not designated as “Targeted” area must be a first time home buyer.
What type of home can I purchase?
Eligible home include townhouses, detached or semi detached homes, and condominium units. Modular or manufactured homes that have the State seal of approval code compliance may be financed
List of Participating Employers
A Different Touch Hair Salon
Able Locksmiths, LLC
Academy Coffee Partners, LLC
Access Capital Mortgage, LLC
Action Delivery Logistics Services, Inc.
Ayers/Saint/Gross, Inc.
Barracato, Inc.
Bon Secours Health System/Bon Secours (MD) Found.
Bozzuto Group (The)
C & D Concrete
C. N. Robinson Lighting Supply Co.
Calvert County Government
Calvert County School System
Carrollton Mortgage Services, Inc.
Chaney Enterprises
Charles County Government
Charles County Public Schools
Charles County Sheriff's Office
Charm City Cakes
Chesapeake Care Resources, Inc.
Cho Benn Holback + Associates, Inc.
Choptank Transport, Inc.
City of Baltimore
City of Baltimore School System
City of Bowie
City of College Park
City of Frederick
City of Gaithersburg
City of Greenbelt
City of Hagerstown
City of Salisbury
Civista Medical Center
College of Notre Dame
Community Conferencing Center
Delta Resources, Inc.
Development Design Group, Inc.
E-Moxie Data Solutions
Eastern Region Association of Unity Churches
EBED Community Improvement, Inc.
Encore FBO Acquisition, LLC
Environmental Concern, Inc.
Ferguson, Schetelich & Ballew, P.A.
Ferris Baker Watts, Inc.
Franklin Square Hospital Center
Frederick Arts Council
Frederick Aviation, Inc.
Frederick County Government
Frederick Flight Center, Inc.
GBS Funding
George's Bakery & Deli, Inc.
Gilman School, Inc.
Harford County Fire Department
Harford County Government
Harford County Library
Harford County School Board
Harford County Sheriff's Office
Hirsch Electric LLC
Hord Coplan Macht, Inc.
Housing Authority of Washington County
JM Fletcher Heating & Air Conditioning, Inc.
Johns Hopkins Bayview Medical Center
Johns Hopkins Community Physicians
Johns Hopkins Health System
Johns Hopkins HealthCare LLC
Johns Hopkins University
Kayren Benjamin-Rutledge
KBJN Inc. t/a Burger King
Kent County, County Commissioners of
Klemkowski, Klemkowski & Dunn, P.A
Law Offices of David B. Shapir
Linden Contracting
LL & BB Home Improvement
Maryam Norouzi, D.D.S.
Maryland-National Capital Park & Planning Comm.
McDaniel College
Montgomery County
NAI The Michael Companies, Inc.
Nat'l. Conf. on Public Employees Retirement System
