PATHWAY TO PURCHASE HOMEBUYER ASSISTANCE PROGRAM EXPANDS BENEFITS WITH NEW GUIDELINES

 

For Immediate Release:
December 23, 2025

 For More Information:

Media Contact:
Alexis R. Yeoman
Public Information Officer
Prince George’s County Department of Housing
 and Community Development
301.456.4369
aryeoman@co.pg.md.us

Pathway to Purchase Program Contact:
(301) 883-5456

 

PATHWAY TO PURCHASE HOMEBUYER ASSISTANCE PROGRAM EXPANDS BENEFITS WITH NEW GUIDELINES

Prince George’s County Now Offers Up to $50,000 in Down Payment and Closing Cost Assistance for First-Time Homebuyers

Largo, MD — Prince George’s County has elevated its commitment to expanding access to homeownership with the release of updated guidelines for its Pathway to Purchase Homebuyer Assistance Program. Under the enhanced program, eligible first-time homebuyers may now receive up to 100% more than previous assistance, from $25,000 to up to $50,000 in financial aid to support down payment and closing costs, significantly reducing barriers to purchasing a home in today’s competitive housing market.

Pathway to Purchase allows qualified buyers to purchase homes anywhere in Prince George’s County, supporting community stability and wealth-building opportunities across the jurisdiction. Eligible residential properties include new construction homes, resale properties, and foreclosures, offering flexibility and choice to participating households.

Administered by the Prince George’s County Department of Housing and Community Development (PG-DHCD), the program is further strengthened through a partnership with the State of Maryland’s Mortgage Program. Through this collaboration, eligible homebuyers may receive an additional $6,000 toward down payment and closing costs. Buyers who participate in the State’s Partner Match Program may also qualify for a dollar-for-dollar match of up to $2,500, increasing the total financial assistance available.

“This important partnership with the Maryland Department of Housing and Community Development and private-sector lenders allows us to take a meaningful step toward expanding affordable homeownership,” said Jonathan R. Butler, Director of the Prince George’s County Department of Housing and Community Development. “This dedicated funding helps families overcome financial barriers and move confidently onto the path to homeownership. We remain committed to helping residents build stability, equity, and generational wealth through the pursuit of the American Dream.”

Pathway to Purchase assistance is provided as a 0% interest, deferred loan. The loan becomes due only when the home is sold, transferred, or no longer serves as the buyer’s primary residence. Importantly, the loan is fully forgiven after 10 years of continuous owner occupancy, at which point the lien is released—making the program both affordable and homeowner-friendly.

Under the program guidelines, the maximum allowable purchase price is $448,000 for resale homes and $485,000 for new construction homes. All properties must successfully pass a Housing Quality Standards (HQS) inspection as part of the application process to ensure safe and livable housing conditions.

PG-DHCD administers Pathway to Purchase in coordination with approved mortgage lenders, and eligible buyers must work with a participating lender to apply.

For eligibility requirements, participating lenders, and application details, visit the Pathway to Purchase website or contact the Prince George’s County Department of Housing and Community Development’s Pathway to Purchase Office on (301) 883-5456.

#  #  #