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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

New Land Trust in Anacostia “Pooling Land” East of the River


The Bridge Park Community Land Trust has formed in Anacostia with a plan to “pool land East of the River”. This will be the first land trust of its type to focus on this part of Anacostia. The trust is created in partnership with City First Homes, a private home builder.

The land trust will acquire target properties and will “take land out of the property question.” A land trust allows individuals and families to purchase homes without the value of the land factored into the equation. In a simple sense, they’ll be able to just “buy the house” if the land trust is successful in its activities.

The group is just getting started, so expect more info in about 90 days.

There’s a full technical explanation of the goal and how the trust is structured in UrbanTurf. Great read with a lot of detail!

#FollowDevelopment on Twitter! We cover what’s going on with development all over DC/MD/VA!

 

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