In the fall of 2019, Landed launched on the East Coast with our first partnership in DC, serving all DC Public Schools and DC charter schools employees. I was hired as Landed’s first DC employee to help lead our work with homebuyers across the region and am proud that we’ve already helped more than 25 educators there buy homes. Their stories are inspiring and you can read about some of them here, here, and here.
Building on this success, I am happy to share that Landed is now expanding to serve all employees of the DC government- including firefighters, police officers, city planners, bus drivers, and many others who keep the District healthy, safe, and supported. The expanded partnership with DC is Landed’s first expansion into serving local government employees with a major city, a big milestone for our organization and mission.
My mom is a 36-year DC employee. I think of people like her and others in DC government that may make too much for income restricted programs, but too little to buy near their work. Landed is one tool that works alongside existing DC housing programs to help address home affordability.
Landed's down payment program invests alongside employees working in government, education, and healthcare to help them reach a 20% down payment. Landed's funds, up to $120,000 per household, come in the form of an equity investment, meaning that homebuyers share in a portion of the gain – or loss, if any – of the value of the home once the partnership is ended — typically by sale or refinance.
For customers not using the down payment program, Landed offers free homebuying services, coaching, and connections to our trusted partner agents and participating lenders. Landed helps government workers navigate the homebuying process from start to finish. We help them build a home buying team, educate them on the programs and paths available to them. Then, whichever path they choose, we’re there with them all the way till closing.
Over the coming month, we’ll be hosting a series of online information sessions, open to all city employees in DC. You can find them and sign up today at: www.landed.com/dc
When Allyson Guida and Chris Larson moved to Seattle from California three years ago to be closer to family, they also hoped some day to own a home. ...