1016 17th Place NE #102, Washington, DC 20002

Description

Inclusionary Zoning (IZ) Requirements Please Read Carefully: This property is part of the District of Columbia’s Inclusionary Zoning (IZ) program and is designated as an 80% MFI (Median Family Income) unit.

Welcome to this fantastic opportunity to own in Washington, DC through the District’s Inclusionary Zoning (IZ) program! This contemporary residence features an open, light-filled layout, modern kitchen finishes, and convenient access to local dining, retail, and public transit.

Unlike many IZ properties, this is a NON-LOTTERY UNIT, meaning it is available to the first qualified buyer who applies. To show and purchase, prospective buyers must meet the following criteria: Certification: Buyer must be IZ Certified through the District. Financing: Buyer must be pre-approved by a lender. Household Size: This unit requires a minimum 2-person household. Non-Lottery Unit: This home is available on a first-come, first-served basis to qualified buyers. Please ensure all clients meet the IZ 80% MFI requirements and possess a valid IZ certificate prior to scheduling a tour. This is a brand-new condo and the first time this unit has been offered to the public. Mandatory Notice: Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for the registration in the Inclusionary Zoning program.

Income & Program Restrictions Apply: This home is restricted under the DC Department of Housing and Community Development (DHCD) Inclusionary Zoning Program. The purchaser must be an active, certified participant in the DC IZ program at the designated Median Family Income (MFI) level ([e.g., 80% MFI]) and meet the minimum household size requirement ([e.g., minimum 2-person household]). Buyer must occupy the property as their primary residence. Resale price controls and long-term affordability covenants apply.