
Mpdu Rental Application Gaithersburg 2015-2025 Form
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People also ask
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What is the income limit for MPDU in Montgomery County?
Renewing MPDU Tenants: Household SizeGarden ApartmentsHigh Rise Apartments (5 stories or more) New Tenants New Tenants Maximum Household Income* Maximum Household Income* 1 $70,500 $76,000 2 $80,500 $86,5004 more rows
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How many priority points will you initially receive if you work and live in Montgomery County?
Points are assigned on the following basis: Living in Montgomery County = 1 point; Working in Montgomery County = 1 point; Number of consecutive years as an approved MPDU purchase program participant = 1 point per year (maximum of 3 years).
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How do you qualify for MPDU in Maryland?
At a minimum, you must earn at least $40,000 and be able to qualify for a mortgage loan of at least $150,000 and have savings for a down payment and closing costs.
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What is MPDU in Montgomery County, MD?
MPDU Program - General. Moderately Priced Dwelling Units (MPDUs) are affordably priced homes – both new and resale – offered to first-time homebuyers who have a moderate level of household income. The Montgomery County MPDU Program was one of the first successfully implemented inclusionary zoning program in the country ...
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