Moderately Priced Dwelling Unit (MPDU) Homeownership Program
The City of Rockville requires some for-sale properties to be offered to eligible buyers at below-market prices through its Moderately Priced Dwelling Unit (MPDU) Homeownership Program. Offered by City of Rockville Housing and Community Development Department.
Key Facts
- Funder
- City of Rockville Housing and Community Development Department
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
The City of Rockville requires some for-sale properties to be offered to eligible buyers at below-market prices through its Moderately Priced Dwelling Unit (MPDU) Homeownership Program. First-time homebuyers who meet income and eligibility requirements can purchase an affordable, income-restricted home in Rockville at prices set at 50%, 60%, or 80% of Area Median Income (AMI). Buyers are placed on a waiting list and contacted when MPDU homes become available. Non-U.S. citizens may also apply....
Full requirements and application instructions: official listing.
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