**FILE** Courtesy of dchfa.org
**FILE** Courtesy of dchfa.org

This year DC Housing Finance Agency (DCHFA) is celebrating 45 years of service to the District.  Homeownership is one of the cornerstones of our legacy, present and future.  

DCHFA’s Single Family Programs division creates homeownership opportunities in the District by providing low-cost single-family mortgages and down payment assistance, made possible through the issuance of mortgage-backed securities. The agency offers a variety of programs for current and potential homeowners with the goal of expanding and retaining homeownership opportunities through DCHFA’s homeownership resources.

DC Open Doors 

DC Open Doors makes homeownership in Washington, D.C. affordable by offering qualified buyers home purchase loans, down payment and closing cost assistance. The program offers deferred repayable loans for a homebuyer’s minimum down payment requirement in addition to first trust mortgages for the purchase of a home. Qualified first-time and repeat homebuyers are eligible for the program.  

DC Open Doors can be accessed by working with DC Open Doors participating lenders who offer DCHFA’s mortgage loan products.  Over the past decade DC Open Doors has lent more than half million dollars in first trust loans and down payment assistance that have helped over 1,800 people become D.C. homeowners. Visit www.DCHFA.org for the list of participating lenders and full DC Open Doors qualifications. 

DC4ME

DCHFA launched DC4ME in 2019 to provide D.C. government employees mortgage assistance in the form of a zero percent deferred subordinate loan. Qualified District government employees can receive a reduced interest rate first trust mortgage with optional down payment assistance. 

DC4ME is offered to full-time District government employees, including those may not meet the criteria for the Employer-Assisted Housing Program administered by the DC Department of Housing and Community Development.  Under DC4ME, all D.C. government-based instrumentalities, independent agencies, D.C. public charter schools and organization that fall under the oversight of the Council of the District of Columbia qualify for the program. 

Happy Homeownership Month!

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