hey prescott.
See what you qualify for

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program

City of Rockville Housing and Community Development Department (resale managed with Rockville Housing Enterprises) · Rockville, Maryland

Last verified
See what you qualify forOfficial program site →

What is City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program?

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program is down payment assistance for homebuyers in Rockville, Maryland, administered by City of Rockville Housing and Community Development Department (resale managed with Rockville Housing Enterprises).

  • The City of Rockville's MPDU Homeownership Program (distinct from Montgomery County's MPDU program) gives income-eligible first-time homebuyers the chance to buy a city-required below-market 'Moderately Priced Dwelling Unit.' Eligible buyers join a waiting list and are contacted when MPDUs become available; the home must be the owner's primary residence for a 30-year control period. On resale, the unit is offered first to Rockville Housing Enterprises, then to the waiting list, at a city-determined resale price. This is a price-restricted homeownership/affordability program rather than a cash down payment loan or grant.
  • Purchase a home at a below-market MPDU price.
  • Income-eligible first-time buyers.
  • Priority for Rockville residents/workers and households with a member over 55.
  • City-managed resale price protection.

Do you have to pay it back?

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program is down payment assistance and is repaid under the terms set by City of Rockville Housing and Community Development Department (resale managed with Rockville Housing Enterprises).

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Montgomery County six-hour First-Time Homebuyer Class (Housing Initiative Partnership) or any HUD-approved counseling agency
  • Residency: Open to all eligible applicants; purchase priority to households that live or work in Rockville and to households with a member older than 55
  • First-time homebuyer; minimum mortgage of $150,000; 30-year owner-occupancy/control period, no renting; income proof from all adults; Certificate of Eligibility renewed every two years; resale/refinance must follow city guidelines.

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program sets its income limit as follows: Maximum gross household income limits depend on home pricing and household size (City of Rockville figures range by tier, e.g. 1-person $57,400-$68,838, 4-person up to ~$131,120). All household members over 18 must submit proof of income; income must be within limits when the sales contract is signed.

  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program serves buyers purchasing in Rockville, Maryland.

How do you apply?

Applications for City of Rockville Moderately Priced Dwelling Unit (MPDU) Homeownership Program go through City of Rockville Housing and Community Development Department (resale managed with Rockville Housing Enterprises), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Montgomery County six-hour First-Time Homebuyer Class (Housing Initiative Partnership) or any HUD-approved counseling agency.

  2. Contact City of Rockville Housing and Community Development Department (resale managed with Rockville Housing Enterprises) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

90-second match

Not sure which you qualify for?

Answer 9 questions and we'll match you to every program you can actually use — in about 90 seconds. No SSN, no credit pull.

Find my programs