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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
 

Real Estate

Shaw’s New Whole Food Project Progressing Through Development Hurdles


The new Whole Foods Market mixed use project for the Northern end of Shaw seems to be overcoming obstacles on its way to reality. The DC Council approved a resolution last week that allows MRP Developemnt and Ellis Development to move forward with the supermarket, other retail and apartments.

wholefoodsflorida

The project has been delayed due to concerns about what the developers were paying for the site parcel, a piece of property owned by the city. “There’s a lot of snags that both big and small developments will hit during the process that you’ll never hear about in the news,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “There’s been a lot of back and forth of the value of the site parcel that has held up things for this project. The city owned lot was deemed ‘surplus’, allowing it to be sold at a far different valuation than an upcoming 2016 assessment on the parcel.”

The resolutions and plans were passed by unanimous vote last week at a special legislative session of the DC Council. This satisfies an important clause in the Whole Foods deal that allows the grocer to pull out of their commitment if the plans didn’t approve by October 1.

The project is located at 965 Florida Ave. NW and includes the Whole Foods and a 352 apartments that will include 106 affordable units under the city’s inclusionary zoning requirements, established October, 2014.

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