Description
IZ Unit | 1006 Florida Ave NE #202 | 1BD + Den/2BA | 755 SQF | Eat -in Kitchen Pursuant to the District of Columbia Inclusionary Zoning Program, income restricted units are available at this development. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. 80% MFI | $85,200 (1 person); $97,350 (2 people); $109,500 (3 people). Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. The minimum occupancy requirement of at least 1 person per bedroom. The unit must remain the owner’s continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage. This unit is available via the IZ program. To become eligible for the IZ purchase units, complete steps 1, 2 and 3 on the DC DHCD website. Click on “Services” then “Inclusionary Zoning Registration.” 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 registration in the Inclusionary Zoning program. *Photos are of a unit with similar floor plan and finishes.
