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.

New Listing - 3 weeks online
$309,500
Condo For Sale
Active
2
BED
1
TOTAL BATHS
986
SQFT
Royalton Codm @ King Farm #F404
105 King Farm Boulevard F404
Rockville, MD 20850
New Listing - a week online
$389,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,475
SQFT
531 Lawson Way 304 #304
Rockville, MD 20850
KING FARM TWO BAILEYS CO Subdivision
$475,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,765
SQFT
King Farm Two Baileys #203
502 King Farm Boulevard 203
Rockville, 20850
$559,000
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
1,896
SQFT
611 Garden View Square
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
New Listing - 3 weeks online
$610,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
3,060
SQFT
903 Pleasant Drive
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
$650,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,900
SQFT
1115 Havencrest Street
Rockville, MD 20850
KING FARM Subdivision
$659,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
2,874
SQFT
1013 Reserve Champion Drive
Rockville, MD 20850
KING FARM BAILEY Subdivision
$660,000
Townhouse For Sale
Active
2
BED
4
TOTAL BATHS
1,800
SQFT
1420 Piccard Drive
Rockville, MD 20850
KING FARM Subdivision
New Listing - 2 weeks online
$662,500
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
1,800
SQFT
1408 Piccard Drive
Rockville, MD 20850
KING FARM Subdivision
Price Change - 3 weeks ago
$674,900
Townhouse For Sale
Active
3
BED
5
TOTAL BATHS
3,600
SQFT
809 Gaither Road
Rockville, MD 20850
KING FARM Subdivision
New Listing - yesterday
$790,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,252
SQFT
1100 Pleasant Circle
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
$799,000
Condo For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
2,817
SQFT
Baileys Commons #402
401 King Farm Boulevard 402
Rockville, MD 20850
Price Change - 4 days ago
$799,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,220
SQFT
1016 Pleasant Drive
Rockville, MD 20850
KING FARM BAILEYS COMMON Subdivision
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