New ADU (IZ) unit at Standard Eleven Condos DC
Located in the hot hot hot Mt Vernon/Convention Center neighborhood, one new construction Affordable Dwelling Unit at The Standard Eleven. The unit is a Jr. 1 BR with the same great finishes as other Std 11 units. Fab dark distressed floors, SS appliances, cool retro bathroom in B&W tile and black wainscotting, WD in unit, exposed brick and private outdoor space!
Priced at $227,500. with a condo fee of $125.31.
1109 M street #2 will be offered for sale through the Inclusionary Zoning Lottery. Lottery Registration is currently open and you can register on the DHCD website.
Do you qualify? You might be surprised! Acc. to developer reps, income up to low 80s allowed! See our ADU page for details and here's more info on the IZ program:
Inclusionary Units are located in new or substantially rehabilitated developments and are designated for Households that earn at or below 50% or 80% of the Area Median Income (AMI) for the Washington Metropolitan Statistical Area.
If you register for the Inclusionary Zoning Program and you are eligible, you will be considered for current and future lotteries of Inclusionary Units, but must renew your registration every two years. There are two ways to register for the Inclusionary Zoning Program lottery:
Register online or register in person at DHCD’s Housing Resource Center, 1800 Martin Luther King Jr. Avenue SE, 1st Floor, Monday through Friday, 8:30 AM to 3:30 PM.
DHCD will conduct lotteries for Inclusionary Units on a rolling basis. Lotteries will be conducted from a random selection of eligible registered applicants. Selected households will then be ranked based on District residence, employment in the District and time on the lottery list. Eligible registered applicants need not be present when the lottery is conducted. DHCD will notify selected households.
For more information regarding the Inclusionary Zoning Program click here, or contact the Inclusionary Zoning Program at (202) 442-9505. For information on DHCD’s other affordable housing programs and services go to www.dhcd.dc.gov or call (202) 442-7200.
The District’s Affordable Housing Locator lists affordable housing, including Inclusionary Units, and is accessible at www.dchousingsearch.org.
Copyright 2012-2015 Susan Isaacs
The Isaacs Team
Email: theisaacsteam @ gmail.com
Cellular: 202-669-5343 @cooldcre
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