As residents navigate stay-at-home orders and social distancing practices, the idea of “home” has become increasingly important. Since its founding more than 40 years ago the District of Columbia Housing Finance Agency (DCHFA) has been creating homeownership opportunities and advancing the value of homeownership. The agency wants people to know that their dreams of homeownership do not have to be put on hold at this time when housing is more critical than ever.

DCHFA remains a resource for aspiring Washington, D.C. homeowners as its employees continue to work from home under COVID-19 social distancing guidelines. DCHFA’s Single Family Homeownership Programs are fully operational during this time, helping people overcome the hurdles to homeownership.

The Single Family Programs division manages all of the Agency’s homeownership programs with the goal of expanding and retaining homeownership opportunities in the District of Columbia.

DCHFA offers the following programs:

DC Open Doors is your key to homeownership in the city. This program offers competitive interest rates and lower mortgage insurance costs on first trust mortgages. You are not required to be a first-time homebuyer to qualify for DC Open Doors. You must, however, be purchasing a home in the District.

The Mortgage Credit Certificate (MCC) provides an additional incentive for first-time homebuyers to purchase a home in the District of Columbia. An MCC provides qualified borrowers the ability to claim a Federal Tax Credit of 20 percent of the mortgage interest paid during each calendar year.

The Home Purchase Assistance Program (HPAP) provides interest-free deferred loans for down payment and closing cost assistance up to $84,000 combined. DCHFA serves as a co-administrator of the DC Department of Housing and Community Development’s (DHCD) first-time homebuyer program. DCHFA administers HPAP applications for households meeting very low to low-income criteria.

The Reverse Mortgage Insurance and Tax Payment Program (ReMIT) provides financial assistance to seniors 62 years or older who have fallen behind on insurance and tax payments as a result of their reverse mortgage. Qualified District homeowners can receive up to $25,000 in assistance. The borrower must be able to demonstrate ability to sustain payments going forward.

DC4ME PLUS provides mortgage assistance with optional down payment assistance to D.C. government employees. DC4ME PLUS is offered to current full-time District government employees, including employees of District government-based instrumentalities, independent agencies, D.C. Public Charter Schools, and organizations provided the applicant/borrower’s employer falls under the oversight of the Council of the District of Columbia.

For a full list of each program’s qualification guidelines and information on how to apply, visit

WI Guest Author

This correspondent is a guest contributor to The Washington Informer.

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