Buying a home for the first time can be a complex process that may leave you frustrated or confused. Sometimes figuring out how to afford a down payment can seem overwhelming. Often, relators delegate tasks to less experienced people, adding to your uncertainty over the process. But the process doesn’t have to be this way, and UrbanLand Company is committed to showing you how it should be.
UrbanLand Company, located in Washington, DC, will be with you for every step of your home-buying process. We specialize in helping first-time homebuyers looking for guidance. We also offer programs for down-payment assistance through the DC Open Doors Program in order to better assist clients.
Washington, DC, is great place to live with one of the most educated, diverse, and progressive populations in the world. If you are tired of renting a home and want to buy, DC Open Doors can help make that happen, and UrbanLand Company is here to facilitate the process.
The DC Open Doors Program is a great benefit for people looking for assistance with a down payment to buy their first home in the Washington, DC, area. Programs available through DC Open Doors include:
Our licensed realtor, Jacques Edelin, has been a top DC Open Doors realtor since the program began in 2013 and has your best interest at heart. Contact UrbanLand Company to receive assistance through any of these programs and to maximize your money through the home-buying process.
UrbanLand Company has developed a reputation for being honest, trustworthy, empathetic, patient, understanding, hardworking, and persistent. We nurture client relationships and goals while striving to maintain impeccable ethical standards. Let us help you ease the burden of home buying. Call us at 240-498-1987 to find out how we can help you purchase your first home.
The DC Open Doors Program DC Housing Finance Agency - Reasonable pre-approved financing who are willling to consider DC as their primary residence. Down payment loan assistance provides a 100% financing opportunity for buyers with credit scores over 640.
Learn more at the DC Housing Finance Agency.
D.C. Home Purchase Assistance Program (HPAP) - An option for first time DC home buyers who need down payment and/or closing cost assistance.
Visit HPAP to get more answers.
D.C. Employer-Assisted Housing Program - First time DC home buyers who are also District of Columbia Government employees may be eligible for up to $11,500 in deferred loans and grants.
Call 202 777-7006 or check the DC Employee guide online.
D.C. Metropolitan Police Housing Assistance Program - Employees can receive up to $1,500 when buying a home ($500 per $2,500 from employee savings). Deferred payment loans of up to $10,000 can be used as well, and income tax credits are available on a sliding-scale for up to five years on the property. Call 202-722-7423 or visit www.mpdc.dc.gov to read detailed information.
DC First Right Purchase Assistance Program - Lower and mid-income DC residents have the opportunity to obtain low-interest loans under the District's right of first refusal law. Discover information on this program at www.dhcd.dc.gov or call 202-442-7200.
Homestead Tax Rate - DC Home Buyers who occupy their property as their sole residence are eligible for a Tax Rate reduction called the "Homestead" tax rate. A copy of an ID card (driver's license or driver ID card issued by the DC Government) with the homestead address is required on the application, as is a Voter's Registration card for the voting district where the homestead property is located. You'll also need to provide your most recent D.C. tax returns.
NACA - The Neighborhood Assistance Corporation of America, NACA, is dedicated to building strong neighborhoods in areas nationwide by offering affordable homeownership. NACA provides credit counseling to allow for the purchase of a home or the refinance of a predatory loan. Learn about their services at www.naca.com.
City First Homes - Developed by the City of Washington, D.C., City First Homes allows breaks to moderate-income homebuyers through $75,000 Down Payment Assistance Loan in order to offer affordable homeownership, eliminating PMI. First-time buyer status or DC residency is not required to participate. City First Homes is considered a "shared-appreciation program" and details can be found at www.cfhomes.org.
Lovely 1br condo just a block away from vibrant Kennedy ST NW in heart of Brightwood. You'll enjoy this great location & all the local amenities along the newly developed...
2nd parking spot from the right when facing the building. Available for sale to the general public. Once purchased, it can be rented out - approximately $225/month.