City’s MPDU Program Opens Door to Affordable Homeownership – Mocofeed

Looking to buy a home but worried about affordability? Eligible households can apply to buy homes at reduced prices. 

Advertisement

The city’s Moderately Priced Dwelling Unit Homeownership program requires for-sale properties be available to Rockville residents at more affordable prices than market-rate homes. Under the program, homebuilders are required to set aside a certain percentage of for-sale homes as affordable units. Prospective homebuyers must meet specific requirements to maintain ownership and eligibility. 

Get added to the list in three easy steps to receive a call when MPDU homes are available: 

1. Attend a first-time homebuyer class. 
2. Obtain a mortgage preapproval letter from your bank. 
3. Complete the MPDU homeownership application online. 

For eligibility requirements and more information, visit rockvillemd.gov/mpdu. 

Advertisement