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Affordable Market Purchase Program (AMPP): Reserve at South Riding I

“Applications for the AMPP Program are not being accepted at this time. The acceptance of applications will resume once units become available.”

Reserve at South Riding I
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.

The Loudoun County Affordable Market Purchase Program (AMPP) provides newly constructed, affordable for-sale housing for income-eligible citizens who live or work in the county.  At this time there are six (6) units being developed.

The Affordable Market Purchase Program (AMPP) enables eligible first-time homeowners with moderate income the opportunity to purchase a newly constructed townhouse or condominium.  First-time homeowners desiring to purchase a home must have a total household income more than 70% and less than 100% of the Area Median Income (AMI) based on the Primary Washington Metropolitan Statistical Area.

These properties are subject to restrictive covenants related to refinancing and transfer of the property.  Preliminary eligibility restrictions apply to the program.

If you would like to be self-screened for eligibility for the AMPP program, please go to  AMPP Program Information.

Contact Information
To apply for this program, please go to the AMPP Program Information  page where you will find instructions on how to apply online.  For more information regarding the program, please contact Brian Reagan, Housing Programs Manager, at 703-777-0353.  Please note that phone calls are accepted Monday through Friday from 8:30 to 5:00 p.m.

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