On December 19, 2006, the Board of Supervisors approved ZMAP 2005-0007 (Reserve at South Riding I) which includes proffers for six (6) "unmet housing needs units" to be "administered pursuant to the Affordable Dwelling Unit provisions of Article 7 of the Zoning Ordinance and Chapter 1450 of the Loudoun County Codified Ordinances." These six (6) units, as proffered, are to be offered for purchase by households with incomes between 70% of the Area Median Income (AMI) ($75,000 for 2013) and 100% of AMI ($107,300 for 2013).
M/I Homes, the builder, has notified the county that these six (6) units are under construction and the county has created the program materials necessary to administer these units pursuant to the proffer. Because the Board has approved other proffers with similar implementation provisions (ZMAP 2005-0044, Woodburn); ZMAP 2005-0008, One Loudoun Center), the Department of Family Services has developed a program to collectively administer the proffers and is calling the program the "Affordable Market Purchase Program."
The Loudoun County Affordable Market Purchase Program (AMPP) will make available (6) units in the South Riding neighborhood, for purchase, over the next several months. At this time these are the only units that are available as part of this program. Additional announcements will be made when more units are included in the program.