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Washington D.C. DCFA


Many of these programs may be combined and used simultaneously

All of DCHFA’s programs are outlined for developers seeking financing, future homeowners seeking down payment and/or closing cost assistance, renters seeking affordable apartments and homeowners in need of financial relief to retain their home.

Home Purchase Assistance Program (HPAP)

  • Provides financing assistance up to $50,000 and closing cost assistance of $4,000 for first-time buyers in DC.
  • Funding ranges from $10,000 to $80,000, depending on your household income.
  • HPAP assistance offers 40-year loans, with payments deferred for the first five years.
  • There are additional perks for city employees, including deferred loans for up to $10,000 and closing cost assistance up to $1,500. The maximum first trust loan amount cannot exceed $484,350, the conventional conforming loan limit.

    D.C. Open Doors

    This program has provided $4 million in down payment assistance
    for more than 500 home buyers since it launched in 2013.

    It’s open to all applicants who:

  • Don’t currently own a home.
  • Are buying a home in the District, and
  • Have an individual borrower income that’s no more than $140,640.
  • Have a credit score of 680 or higher is required for loans with a 5 percent down payment.
  • Credit Certificate (MCC)
    Launched in 2016, this program allows eligible first-time buyers to use 20 percent of the mortgage interest they paid as a credit against the balance they owe on their income taxes.

    Here’s how it works: let’s say you owe $5,000 in income taxes and paid $10,000 in mortgage interest. You would be able to claim a credit of $2,000 and pay just $3,000 in taxes.

    The maximum household income to qualify for the tax credit is $164,080 for a household with three or more people.