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Purchase-Repair Homeownership Program

Think you can’t afford to buy a home?


IHA’s Purchase-Repair Homeownership program participants are paying less for homeownership than they were for rent, and they are building equity immediately!

IHA’s Purchase-Repair Homeownership Program provides affordable homeownership opportunities to families and individuals that wouldn’t otherwise qualify for a traditional mortgage. Program participants receive free technical assistance from IHA through the entire homeownership process, from credit repair and budget counseling, preparation of the loan application, locating and placing an appropriate home under contract, how to repair and maintain their home, as well as on-going post-purchase counseling to eliminate any chance of foreclosure in the future. The entire community benefits by revitalizing neglected neighborhoods, reusing infrastructure and preserving existing housing. This program is currently available in Carroll, Frederick, and Washington counties in Maryland.

Features of the program include:

- No down payment
- Below market fixed interest rate
- No private mortgage insurance requirement
- Longer loan terms to reduce monthly payments
Maximum Income Eligibility Guidelines
Family Size Carroll Frederick Washington
1 to 4 $75,500 $77,600 $60,950
5 to 8 $99,650 $102,450 $80,450


Click here to download a pre-qualification worksheet.

Please return your completed worksheet and the signed authorization forms to Carol or Vivian.

Carol Carpenter Riggles
Homeownership Program Manager
301-662-4225 x1209

Vivian Duran
Housing Specialist
301-662-4225 x1210

Interfaith Housing Alliance
5301 Buckeystown Pike, Suite 320
Frederick, MD 21704
(Main) 301-662-4225 (Fax) 301-662-6477