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DHCD Begins Alternative Selection Procedure for Two Inclusionary Zoning Units at 2910 Georgia Avenue, NW

Friday, November 18, 2011
DHCD Begins Alternative Selection Procedure for Two Inclusionary Zoning Units at 2910 Georgia Avenue, NW

(Washington, DC) - The Department of Housing and Community Development (“DHCD”), pursuant to the authority set forth in Section 107 of the Inclusionary Zoning Implementation Act of 2006, effective March 14, 2007 (D.C. Law 16-275; D.C. Official Code Section 6-1041.07) and Mayor’s Order 2008-59, dated April 2, 2008, has opened registration for an alternative selection procedure for two affordable housing units (Inclusionary Units) under the Inclusionary Zoning Program until the two Inclusionary Units are sold. Information about the size, sale price and details about these Inclusionary Units is available at www.dchousingsearch.org.

You are only eligible to register under this alternative selection procedure if you currently have an active pre-qualification letter from a lender indicating your Household’s credit worthiness and ability to afford the applicable purchase price for the Inclusionary Unit. Inclusionary Unit #C-02 is a two bedroom unit and is reserved for a Low-Income Household. The maximum purchase price for Inclusionary Unit #C-02 is $124,900.00. Inclusionary Unit #202 is a two bedroom unit and is reserved for a Moderate-Income Household. The maximum purchase price for Inclusionary Unit #202 is $235,800.00. 

A Household Annual Income must be at or below the Maximum Annual Income, based on your Household size, as expressed below. If your Household does not meet the size and income requirements, your Household will not be considered for selection to purchase these Inclusionary Units.

 

 Household Size (Number of Persons)  Low-Income Household Maximum Income Moderate-Income Household Maximum Income 
 2  $42,440 $67,904 
 3  $47,745 $76,392
 4  $53,050

$84,880 

 

In accordance with 14 D.C.M.R. §2210.6, DHCD will permit the sale of the Inclusionary Units to Households that are registered through the following alternative selection procedure. Households that previously registered for the Inclusionary Zoning Program lottery must re-register to be eligible to purchase these Inclusionary Units under this alternative selection procedure.  Households that previously registered for the Inclusionary Zoning Program lottery will continue to be eligible for future lotteries for upcoming Inclusionary Units.

It is important that you review the D.C. Register notice in the link below to understand the eligibility requirements, selection process, documents to be submitted, and applicable timelines. Click here to review the D.C. Register notice before proceeding to register under this alternative selection procedure.

Click here to register under this alternative selection procedure.

For more information regarding the Inclusionary Zoning Program, click here or contact the Inclusionary Zoning Program Manager at (202) 442-7157. For information on DHCD’s other affordable housing programs and services go to www.dhcd.dc.gov or call (202) 442-7200.