What's Hot: Friendship Heights Food Hall Could Open This Month | Summer Ready With Quick Move-In Homes at Brookland Grove
A New Net Zero-Ready Development in Maryland is Just For First-Timers
A new residential project in Maryland has two focuses: first-time homebuyers and potential net-zero efficiency.
Green nonprofit Housing Initiative Partnership (HIP) is delivering a series of newly-constructed townhouses in the Landover neighborhood of Palmer Park. The nine townhouses, located from 2000-2018 Palmer Park Road (map), are certified Zero Energy Ready, meaning that they are at least 40-50% more efficient than the typical new home. If the homeowner opts to install solar panels, the home can meet net-zero standards, producing as much energy as is consumed.
story continues belowloading...
story continues above
The houses are specifically for first-time homebuyers with households earning up to 80% of area median income (up to $65,650 for a single-person household or up to $93,7,050 for a four-person household). Each of the roughly 1,600 square-foot townhouses is a three-bedroom, 2.5-bathroom with an unfinished basement, fenced-in backyard, and off-street parking. Energy efficiency was achieved with Indoor Air Quality Plus, WaterSense and Energy Star products. Zavos Architecture+Design is the architect.
Prices start at $330,000, of which buyers will be required to finance $265,000; the remaining $65,000 will be on a second, 0% interest deed from HIP. Buyers will also be required to attend HIP's virtual homebuyer course and HUD pre-purchase counseling.
HIP purchased the lots from the county's housing authority in 2016; with completion of this project, HIP has built or renovated and retrofit 46 homes in Palmer Park.
See other articles related to: housing initiative partnership, landover, net-zero, palmer park, prince george's county
This article originally published at https://dc.urbanturf.com/articles/blog/a-new-net-zero-ready-development-in-maryland-is-just-for-first-timers/16943.
Most Popular... This Week • Last 30 Days • Ever
If a neighborhood is filled largely with single-family homes, chances are the market ... read »
A look at the larger residential developments in the works from Cardozo to Mount Vern... read »
With a dozen homes already sold, Brookland Grove has released several new townhomes f... read »
The Heights, a ten-stall food hall that is taking over the spaces formerly occupied b... read »
A piece of legislation quietly introduced in the House of Representatives earlier thi... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The 23,600 square-foot mansion just hit the market, and would set a record if it fetc... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- DC's Blaine Mansion Lists For $30 Million, A Potentially Record-Setting Price in the City
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro