Rockville’s King Farm Work Force Housing

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The Village at King Farm is the first community in Montgomery County to offer affordable homeownership opportunities for people who work within Montgomery County. King Farm is an award winning planned community in Rockville in Montgomery County. It is close to employment areas, transportation, shopping and entertainment centers, and is within the Montgomery County school district. Each of the 49 units at The Village at King Farm is located in buildings where the first floors are retail businesses.

King Farm Rockville MD

The purpose of the Work Force Housing (WFH) program, which became effective in December of 2006, is to promote the construction of housing intended to:

(1) allow households with incomes between 71% and 120% of the Washington DC area median income to have greater housing choices in the County;

(2) increase the availability of housing in the County for public employees and other workers whose income cannot support the high cost of housing near their workplace and who, as a result, are increasingly priced out of housing;

(3) assist County employers in reducing critical labor shortages of skilled and semi-skilled workers by providing housing that will be accessible to their workplace; and

(4) reduce traffic congestion by shortening commute distances for employees who work in the County.

The WFH Program compliments Montgomery County’s nationally recognized Moderately Priced Dwelling Unit (MPDU) program and other County programs designed to promote affordable housing. Incomes of households served by the WFH program exceed those served by the MPDU program.

The WFH Program provides households an opportunity to purchase a home at a below-market sales price in exchange for certain controls on the property, including

  • restrictions on the price homeowners can charge when they resell the WFH Unit, and
  • restrictions on the amount of appreciation they will receive upon resale. In exchange for these controls, households are able to own a home in a desirable area of Montgomery County.

The sales prices for the WFH units are determined by the County and are calculated at a level that are intended to be affordable to households at the income levels served by the program. Because the sales prices are calculated at a level affordable to an “average” household, the actual sales price may or may not be affordable to your specific household; however, these sales prices are not negotiable. Owners of WFH units are required to live in the unit as their primary residence.

Households interested in purchasing a WFH unit must first submit an application to The Village at King Farm Sales Office, along with certain supporting documentation. The application is computer-based and can be filled out either online or with the sales representative.

What a great opportunity and place to call home! If you work in Montgomery County and want to own your home, the advantages are numerous. For more information see The Village at King Farm or call (301) 740-8888.

About the Author: Eileen K. is a native Marylander who has lived in Prince Georges, Montgomery and Carroll Counties.

Search the Multiple Listing Service for King Farm Homes for Sale – Click on the map to refine your search according to your needs. You can register to get alerts, save favorites, make property notes and save your searches.  Email The Myers Team at bobmyersteam@gmail.com for a list of Coming Soon properties, which are not included here.

Price Change - 2 weeks ago
$414,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,583
SQFT
305 Redland Boulevard 14-301-R #14-301-R
Rockville, MD 20850
KING FARM VILLAGE CENTER Subdivision
New Listing - 4 weeks online
$424,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,583
SQFT
King Farm Villag #11-201-R
802 Grand Champion Drive 11-201-R
Rockville, MD 20850
New Listing - 3 weeks online
$449,700
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,660
SQFT
King Farm Two Baileys Co #407
531 Lawson Way 407
Rockville, MD 20850
$489,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,765
SQFT
King Farm Two Baileys #203
502 King Farm Boulevard 203
Rockville, 20850
Open House 11/18 at 1PM
$540,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,320
SQFT
1003 Grand Champion Drive
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
New Listing - 4 weeks online
$549,900
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,701
SQFT
909 Havencrest Street
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
New Listing - 3 weeks online
$569,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,612
SQFT
511 Falcon Park Lane
Rockville, MD 20850
KING FARM WATKINS POND Subdivision
New Listing - 4 weeks online
$598,000
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
212 Redland Boulevard
Rockville, MD 20850
KING FARM WATKINS POND Subdivision
New Listing - a week online
$624,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,048
SQFT
819 Royal Crescent Crescent
Rockville, MD 20850
KING FARM IRVINGTON CENT Subdivision
New Listing - 4 weeks online
$650,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
3,088
SQFT
1016 Grand Champion N Drive
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
$659,000
Townhouse For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,390
SQFT
1637 Piccard Drive
Rockville, MD 20850
KING FARM IRVINGTON CENT Subdivision
$660,000
Townhouse For Sale
Active
2
BED
4
TOTAL BATHS
1,800
SQFT
1420 Piccard Drive
Rockville, MD 20850
KING FARM Subdivision
$669,999
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
568
SQFT
1112 Reserve Champion Drive
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
$770,000
Townhouse For Sale
Active
4
BED
5
TOTAL BATHS
4,196
SQFT
616 Grand Champion Drive
Rockville, MD 20850
KING FARM WATKINS POND Subdivision
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