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Prince George’s County will provide Homeownership Assistance Loans to qualified applicants purchasing a home from the Redevelopment Authority of Prince George’s County. Applicants can qualify for a loan of up to 10% of the sales price.
If you are interested in applying for Homeownership Assistance to purchase a RDA property, your lender must submit the application with a complete first mortgage credit package to the RDA, when your first mortgage loan is processed. Lender must submit all required documents on the checklist.