Ask the Expert: All About the Live Near Your Work Program

Did you know as a Johns Hopkins employee you could receive money toward the down payment or closing costs of a home through the Live Near Your Work Program? Learn more about this program offered by the Office of Work, Life and Engagement from Karen Salinas, communications manager from the Office of Work, Life and Engagement, in today’s Hopkins Happenings’ Ask the Expert.

  1. What is the Live Near Your Work program and who is eligible?
    The Live Near Your Work program (LNYW) provides financial assistance to fully-benefited Johns Hopkins University faculty and staff and Johns Hopkins Hospital and Health System employees toward the purchase of homes in specific Baltimore City neighborhoods near Johns Hopkins campuses. For full eligibility details, please review the LNYW program information.
  2. What is the overall goal (or goals) of the program?
    Down payment and settlement costs are one of the biggest barriers to homeownership, especially for first-time home buyers. LNYW strives to assist Johns Hopkins employees with these expenses and to enhance their overall WorkLife satisfaction by providing housing grants in neighborhoods close to their places of employment. The program also intends to strengthen the connections between Johns Hopkins and its surrounding communities.
  3. What are the grant amounts for each target area near the Homewood and East Baltimore campuses?
    Our current grant amounts/locations are found here: web.jhu.edu/lnyw/neighborhoods.
    *Tier A1 (Harwood, Barclay, and Greenmount West) - $23,000.
    *Tier A2 (East Baltimore Development Inc.) - $36,000.
    *Tiers B1 (Remington) and B2 (Better Waverly, and a section of Abell) - $10,000.
    *Tier C (sections of Baltimore Linwood and Baltimore Highland) - $6,000.
    *Tier D Perimeter Areas (within the LNYW footprint but beyond those of the other tiers) - $5,000.
    Our LNYW Neighborhoods web page includes maps of program boundaries and tier areas.
  4. If I’m interested in using a LNYW grant, what steps must I take?
    Interested employees should contact Sandy Jenkins, LNYW program coordinator at sljenkins@jhu.edu or 443-997-7000 prior to begin the search for a new home. It is recommended that you also familiarize yourself with program boundaries, target areas and grant amounts. Visit jhu.edu/lnyw to view this information. Home ownership counseling must be completed before entering a contract of sale.
  5. What are the benefits of urban living?
    Urban living offers considerable advantages especially when you live close to your place of work, including cutting commuting costs and travel time. Through LNYW, Johns Hopkins employees can select from an array of Baltimore’s housing options including historic properties, new construction, free-standing single family houses, row homes and condos. Additionally, convenient access to many cultural amenities such as the arts, entertainment, museums, diverse dining and retail shopping is a significant benefit of urban life. Visit Living in Baltimore for links to several community resources.
  6. Which neighborhoods are hot?
    Over the past 12 months, approximately 75 percent of LNYW grants awarded have been split equally between the A1 and A2 tier areas (Harwood, Barclay, Greenmont West and East Baltimore Development Inc.), likely a result of their high grant amounts, proximity to the Homewood and East Baltimore campuses, and significant residential, commercial, and retail development.
  7. What are residents of LNYW target areas talking about?                                                                                                                                            Residents are talking about restaurants such as Teavolve, the new Henderson-Hopkins School and Harry and Jeanette Weinberg Early Childhood Center.
  8. How many employees have received a LNYW grant?
    Since fiscal year 2009, nearly 400 employees have received LNYW grants totaling over $3,500,000.

 

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Michelle Carlstrom January 14, 2015 at 3:42 pm

Hi Catherine, thank you for your comment. I am a LNYW buyer; it was a great experience and it's been fun to watch other buyers move into the city and enjoy being close to work. I bought in A1 and love my house, but the houses going up in A2 are wonderful. If you are thinking it over and want to talk with other buyer, the LNYW office can put you in touch with another A2 buyer who loves her home. Its exciting to be on the pioneering edge of new developments.

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Catherine January 14, 2015 at 10:34 am

I am very seriously considering purchasing a re-built rowhome in the A2 property area north of JHH. The thing that makes this attractive despite substantial security problems in the neighborhood is the LNYW grant program and the city's V2V grant program. I am willing to populate and make the neighborhood better one household at a time but I really hope other faculty and staff will do the same and make the whole area safe and a great place to live. I'll do my part and I just hope repopulation accelerates to quickly make it a good place to live. The re-built rowhomes out there are gorgeous.

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