Renting

HUD Housing

Overview:
The Office of Housing provides vital public services  offers information on Buying a Home. They have information that can help! Can answer questions? And even talk to a housing counselor!

  –  Figure out how much you can afford
  –  Know your rights
  –  Shop for a loan
  –  Learn about home buying programs
–  
Make an offer
  –  Get a home inspection
  –  Shop for homeowners insurance

Find out more at:  https://www.hud.gov/program_offices/housing

MPDU

Overview:

Montgomery County’s Moderately Priced Dwelling Unit (MPDU) Program offers affordably priced townhomes and condominiums – both new and resale – to first-time home-buyers who have a moderate household income (see list of minimum and maximum income levels below).

MPDU buyers must be able to qualify for a mortgage; pay a down payment; pay settlement fees including advance taxes and advance insurance; and pay a monthly mortgage payment, utilities, and other costs.  The MPDU Program does not provide financing to purchase MPDUs.  Special financing and down payment and closing cost assistance are available through the Housing Opportunities Commission.

MPDU owners are responsible for all home maintenance, home improvements, condo and homeowner association fees (if applicable), and compliance with homeowner or condominium rules and regulations.

Find out more at: http://www.montgomerycountymd.gov

Department of Housing and Community Development

Overview:

The mission of the Department of Housing and Community Development (DHCD) is to create and preserve opportunities for affordable housing and economic development and to revitalize under-served communities in the District of Columbia.

DHCD focuses on three strategic objectives:

  1. preserving and increasing the supply of quality affordable housing;
  2. increasing home ownership opportunities; and
  3. revitalizing neighborhoods, promoting community development, and providing economic opportunities.

Find out more at:  https://dhcd.dc.gov

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