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"DC Open Doors" pays your Down Payment for you on a home purchase in DC. The money does not have to be paid back. You must have:
  • Less than $125,580/year in income
  • Have fair to good credit (660+)
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Virginia Housing Development Authority (VHDA) pays your Down Payment when you meet certain criteria. The money does not have to be paid back. You must have:
  • Less than $97,520/year in income (1-2 person households)
  • Less than $113,840/year in income (3+ persons)
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Maryland Mortgage Program loans you up to $8,500 in Down Payment Assistance. There's additional incentives from specific Maryland employers + great student loan incentive programs.
  • Incomes lower than $88,400 for 1-2 person households are eligible
  • Incomes between $88,400 & $128,760 may be eligible, based on county
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
 

Neighborhood Watch

Ballston Office Building Across From Future METRO Entrance May Convert to Mixed Use Project


Area development giant JBG Companies just sold one of it’s Ballston office buildings to a three team partnership. 4420 Fairfax Drive in Ballston, a 5 story, 57,496 sq. ft. building, will most likely be converted to a mixed use office/retail/residential project. There is a planned new METRO entrance for Ballston that will open adjacent to the site within a few years. The current METRO is just 2 blocks away.

The project ‘may’ convert to a mixed use project with residential units. “The reason it’s a ‘maybe’ is because this property positions itself financially well to remain as an office building or to convert to a new project,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “The new team has options at their disposal, due to the presence of the upcoming new METRO entrance. This same property has been proposed as a 245,000 sq. ft. multi-family project by JBG as far back as 2006. That plan was mothballed due to the state of the area condo market in 2006.”

The prior plan called for a 23 story, 237 unit condo building known as the Fairmont and was part of the larger JBG ‘Arlington Gateway’ effort. The current office building is the home of tenants like Westwood College and Fonteva, Inc.

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