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Loudoun County Offers Downpayment/Closing Costs Assistance Program

Loudoun County Offers Downpayment/Closing Costs Assistance Program

Loudoun County offers financial assistance through the Downpayment/Closing Costs Assistance Program (DPCC) to first-time homebuyers.  The program assists low-to moderate-income homebuyers purchase homes in the county. 

Administered by the Loudoun County Department of Family Services, the program makes loans available to homebuyers with a total household income between $31,850 and $74,300.  Applicants must currently live and/or work in the county for the most recent six (6) months. Standard eligibility requirements apply.  Funds are limited and available on a first-come, first-served basis. Highlights of the program include:

•  Loan amounts up to ten percent of the purchase price or $25,000, whichever is less

•  30-year loan

•  Interest rate of five percent

•  Principal and interest payments deferred for the first three years 

Loudoun County Green Building Efforts Pay Off in LEED Silver

Loudoun County Green Building Efforts Pay Off in LEED Silver

Loudoun County has been awarded its first LEED-certified Silver rating from the U.S. Green Building Council (USBGC) for a county government capital project. LEED, or Leadership in Energy and Environmental Design, is an internationally-recognized green building certification system.  The Loudoun County Homeless Services Center has just earned a Silver certification with 38 credits, just one point away from a Gold rating.

Loudoun County CDBG Program Highlighted by HUD

Loudoun County CDBG Program Highlighted by HUD

Loudoun County’s Community Development Block Grant Program (CBDG) has been spotlighted by the U.S. Department of Housing and Urban Development (HUD) as an example of a successful program.

At a recent event hosted by the Metropolitan Washington Council of Governments, HUD Regional Administrator Jane Vincent highlighted two CDBG projects in Loudoun: the county’s Emergency Homeless Shelter and the renovation of affordable housing rental units near Middleburg.

The purpose of the CDBG program is to help develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for low- and moderate-income persons. Organizations within the community are given the opportunity to compete for these funds through an organized application process.

Loudoun County Board of Equalization to begin Accepting Real Estate Tax Assessment Appeals March 11

Loudoun County Board of Equalization to begin Accepting Real Estate Tax Assessment Appeals March 11

From Loudoun County -- Property owners who wish to file an appeal of their 2011 Real Estate Tax Assessment can do so online beginning Friday, March 11 through Wednesday, June 1, 2011.

All residential property owners are strongly encouraged to file their appeal online.  Commercial property owners are required to file online.  Property owners who appeal can apply to appear in-person before the Board of Equalization (BOE), or designate a representative to appear for them, or submit a notarized appeal without having to appear.  Hearings may commence as early as April 11, 2011.

Detailed information, including the online application and instructions will be available March 11, 2011, at www.loudoun.gov/boe.

 

Loudoun County Offers Downpayment/Closing Costs Assistance Program

Loudoun County Offers Downpayment/Closing Costs Assistance Program

Loudoun County offers financial assistance through the Downpayment/Closing Costs Assistance Program (DPCC) to first-time homebuyers. The program assists low-to moderate-income homebuyers purchase homes in the county.

Administered by the Loudoun County Department of Family Services, the program makes loans available to homebuyers with a total household income between $31,050 and $72,450. Applicants must currently live and/or work in the county for the most recent six (6) months. Standard eligibility requirements apply. Funds are limited and available on a first-come, first-served basis.

Highlights of the program include:

County Schedules Public Information Sessions on Government Support Center

County Schedules Public Information Sessions on Government Support Center

From Loudoun County -- The Loudoun County Department of Construction and Waste Management and the Office of Transportation Services are holding two public information sessions in March on the proposed amended master plan for the county’s Government Support Center site.

The Government Support Center site is located on an approximately 670-acre parcel located on the east side of Sycolin Road (Route 625), on the north side of Cochran Mill Road (Route 653), and on the south side of the Town of Leesburg. The parcel contains Philip A. Bolen Memorial Park and several existing county facilities.

The public information sessions will be held Tuesday, March 1, 2011, and Thursday, March 3, 2011, from 7:00 to 9:00 p.m. in the cafeteria of Cool Spring Elementary School, 501 Tavistock Drive, S.E. in Leesburg.

Loudoun County Offers Public Employee Homeownership Grant Program

Loudoun County Offers Public Employee Homeownership Grant Program

From Loudoun County -- Loudoun County’s Public Employee Homeownership Grant Program offers a grant of a secured loan to income-eligible employees of the Loudoun County Government and Loudoun County Public Schools. The program assists low-to moderate-income public employees in purchasing a home in Loudoun County.  

Administered by the Loudoun County Department of Family Services, the program offers grants in the amounts of $5,000 for the purchase of a home located anywhere within the county; $15,000 for the purchase of a foreclosed, bank-owned property in the county; or $25,000 for the purchase of a property in Loudoun County’s Neighborhood Stabilization Program (NSP) designated neighborhoods.  More information on the NSP neighborhoods can be found at www.loudoun.gov/nsp