Home Improvement Loan


The home renovation loan is for current homeowners who live within the boundaries of a Healthy Neighborhood.

Neighborhood boundaries are defined by the Baltimore City Neighborhoods Map. The borrower must be the owner-occupant of the home. Current residents may borrow between $5,000 and $20,000, and the loan must be used for home renovation only, including some visible exterior improvements. The interest rate is always 1% below the prime rate but in no event less than 4%. The term is 10 years.


$10,000 Matching Rehab Grant

In combination with our Purchase and Rehab loan or Home Improvement loan, borrowers may be eligible for a matching grant of up to $10,000.  Income restrictions apply. Click Learn more to check your income eligibility.

For more information, contact Rahn Barnes at rbarnes@healthyneighborhoods.org or 410-332-0387 ext. 154


Frequently Asked Questions

Can I borrow money for home improvements I've already completed?

No. You must use the borrowed funds to pay for home improvements you will make after settlement on the loan.

Can I use this loan to pay off credit card or other debt?

No. This loan is for home improvements only.

Can I use this loan for a new porch?

Yes! Healthy Neighborhoods encourages standard-setting exterior renovations that add value to your home and your neighborhood.

What about new appliances for my kitchen?

Yes! We encourage any permanent improvements that add value. And check out energy-efficient appliances that help you save money on your energy bills.