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Old 04-10-2009, 02:59 PM
 
281 posts, read 896,562 times
Reputation: 150

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Has anyone else heard of this?? We just found out that our neighbors are moving. They have 6 kids, the dad is a cop and mom stays at home. Apparently their house is an ADU home, and the young lady who's moving in bought it through the same program. I've never even heard of it before - I guess if you earn between 30 & 70% of the median area income you can qualify to buy a house for about 1/3 of it's normal price.

What an amazing program! I just wanted to post about it in case there are others who are interested.

Affordable Dwelling Unit Program (http://www.loudoun.gov/Default.aspx?tabid=2119#purchase - broken link)
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Old 04-10-2009, 03:01 PM
 
Location: Town of Herndon/DC Metro
2,289 posts, read 5,584,513 times
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I wonder if Fairfax County has a similar program...
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Old 04-11-2009, 12:57 AM
 
3,164 posts, read 6,129,009 times
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Of course Fairfax has that program, or something very similar. Also lots of Section 8 housing, particularly in Reston. Gerry Connelly and Kathy Hudgins made sure to have lots of low income housing.
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Old 04-11-2009, 09:56 AM
 
7,968 posts, read 18,076,790 times
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I think that it's great that people in the service sector, hospitality and other areas that are the backbone of our region are given the opportunity to live in relatively convenient housing that they otherwise may not be able to afford. The problem IMO is when some abuse that opportunity.
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Old 04-12-2009, 03:58 PM
 
Location: Sterling, VA
1,059 posts, read 2,627,667 times
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The Virginia Housing Development Authority has a website with great info on loans and programs available to Virginia residents with moderate incomes: Virginia Housing Development Authority - VHDA Homepage.
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Old 04-16-2009, 01:56 PM
 
Location: Burke, VA
269 posts, read 899,928 times
Reputation: 103
Quote:
Originally Posted by Tone509 View Post
I think that it's great that people in the service sector, hospitality and other areas that are the backbone of our region are given the opportunity to live in relatively convenient housing that they otherwise may not be able to afford. The problem IMO is when some abuse that opportunity.
A police officer, who protects our streets and has 6 kids at home, is abusing the opportunity? From what I understand, the Affordable Housing programs are usually for county employees (Firefighters, School Teachers, Social Workers) aren't they?
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Old 04-16-2009, 05:00 PM
 
7,968 posts, read 18,076,790 times
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Quote:
Originally Posted by Skapov View Post
A police officer, who protects our streets and has 6 kids at home, is abusing the opportunity? From what I understand, the Affordable Housing programs are usually for county employees (Firefighters, School Teachers, Social Workers) aren't they?
I wasn't referring to working professionals who serve the county/state... or even service employees in restaurants and hospitality. I was speaking more on those working little-to-none who may not necessarily be putting their best efforts in improving their circumstances.
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Old 08-21-2011, 10:00 PM
 
2 posts, read 18,435 times
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Do this bring down others property values?
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Old 08-22-2011, 06:31 AM
 
Location: Sterling, VA
1,059 posts, read 2,627,667 times
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No, it does not. As the OP stated (a post over 2 years ago) no one in the neighborhood is aware a certain property is an ADU. How could having a police officer, firefighter, teacher, or nurse next door affect your property values?
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Old 09-05-2011, 02:03 AM
 
2 posts, read 18,435 times
Reputation: 11
Default Bringing down property value

How? I doesn
t matter who's in the house. If the person buys it for dirt cheap, that will bring down the property value for everyone. Property values are based on the selling price of the property; not if there is a police officer, firefighter, teacher, or nurse next door in the neighborhood. Although a police officer in the area will sure help.
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