1. Learn about this resource. 

Applicants can enter a lottery to buy select reduced price condos or townhomes if their household meets income requirements. DC Government requires that 8-10% of units in most new or renovated condo buildings or townhome developments are sold at a reduced price.

 

This program is called the Inclusionary Zoning Program (IZ) and is offered by the DC Department of Housing and Community Development (DHCD). The program also offers affordable rental units.

2. Check if you are eligible.

You are eligible if all of these statements are true:

  • If you are a full-time college or university student, you must also be a dependent of someone whose household meets the household income requirements.

  • You can afford the purchase price. This means that your household will spend less than 50% of your before-tax income on housing costs, which include the mortgage, monthly fees, and utilities. 

  • Your household’s yearly gross income—your income before paying taxes—is below the maximum limit for your household size. Check below.

buy a home at a reduced price?

DO YOU WANT TO

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Keywords: lottery, homebuyer, reduced price, income limits, condominium, townhouse, down payment, lower price, affordable housing

 

This page was last updated April 2022.

You do not need to be a DC resident or work in DC to apply. However, the program must prioritize households that live or work in DC due to regulations.