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1422 Shepherd St NW # 1
Washington, DC 20011
Quick Facts
- Bedroom:2
- Baths:2
- Area:1001sq ft
- Style:Colonial
- Year Built:1920
Description:
Buyer financing fell thru . Back on the market!REDUCED!!! Please email agent with all questions. ALL INCOME ELIGIBILITY REQUIREMENTS ARE IN THE DOCUMENT SECTION OF THIS LISTING. Any additional questions Must be submitted via email and will not be serviced over phone. Newly renovated! $500 credit to use Community Title. This home is a part of the District's Vacant to Vibrant program. PADD units, household must earn less than 80% area median income (AMI) & meet household size requirements. All prospective buyers must be approved with DHCD. Home Purchase Assistance Program (HPAP) The Home Purchase Assistance (HPAP) program provides interest-free loans and closing cost assistance to qualified applicants to purchase single family houses, condominiums, or cooperative units in the District. The loan amount is based on a combination of factors, including income, household size, and the amount of assets that each applicant must commit toward a property's purchase. The loan is subordinate to a private first trust mortgage. Eligible applicants can receive a maximum of $202,000 in gap financing assistance and an additional $4,000 in closing cost assistance. The HPAP loan for borrowers with incomes below 80 percent of the area median income (AMI) is deferred until the property is sold, refinanced to take out equity, or is no longer their primary residence. Moderate-income borrowers who earn between 80 percent and 110 percent AMI will have payments deferred for five years with a 40 year principal-only repayment period.
| Status | Active |
| Added to RealtyWatch | November 30, 2022 - 525 days ago |
| Listing Office | Metropolitan Realty LLC, Antoinette L Khatib |
| MLS ID | DCDC2076504 |
Schedule a Showing
Interior
- Basement: Walkout Stairs,Front Entrance
- Flooring: Hardwood
- A/C: Heat Pump(s)
- Heating: Y, Forced Air, Central,Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade,Below Grade
- Style: Colonial
Construction
- General: Brick, 3, Other
Location
- HOA Amenities: None, None
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: R1, 2693//2262
- Current Use: 0
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN, BRIGHT_MAIN
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