Press Releases

Press Releases

DCHFA Finances Second Affordable Apartment Complex in Ward 8 in 2017
Tuesday, February 14, 2017
Washington, D.C. – On February 10th the District of Columbia Housing Finance Agency (DCHFA) funded its second development in Ward 8 in 2017 with the financing of South Capitol Multifamily (4001 South Capitol Street Southwest). more


DCHFA Finances Two Affordable Development Projects in Wards 7 and 8
Wednesday, January 18, 2017
The Agency’s investments will fund the building and preservation of homes in Historic Anacostia and Benning Ridge neighborhoods. more


DC Open Doors Funds $200 Million in Mortgage Assistance Loans
Tuesday, November 8, 2016
DCHFA Down Payment/Closing Cost Assistance Program Aids 689 Homeowners in D.C. more


DCHFA Funds its First Development Project of FY 2017 in Deanwood
Thursday, October 27, 2016
Washington, D.C. – Today the District of Columbia Housing Finance Agency issued $6.10 million in long term and $10.73 million in short term DCHFA tax exempt obligations in acquisition and construction financing to build Deanwood Hills Apartments (5201 Hayes Street Northeast) in Ward 7’s Deanwood neighborhood. more


DCHFA Makes Key Appointment and Rebrands Public Finance Division
Monday, October 12, 2016
Agency Names Christopher E. Donald, Director of Multifamily Lending and Neighborhood Investment more


DCHFA Closes Fiscal Year 2016 by Financing Affordable Housing Developments in Wards 7 and 8
Friday, September 30, 2016
Agency funds 14 transactions and 2,090 affordable units in the District of Columbia. more


Todd A. Lee, Confirmed to Lead the DC Housing Finance Agency
Tuesday, September 20, 2016
Today, the Council of the District of Columbia voted to confirm Todd A. Lee as the Executive Director of the District of Columbia Housing Finance Agency (DCHFA). more


DCHFA Finances Affordable Housing in Brightwood and Barry Farm
Monday, September 19, 2016
Agency funds the redevelopment of the historic Emory United Methodist Church site and Parkchester Apartments in a Single Week more


DCHFA Names Yvette Downs, Chief Financial Officer
Wednesday, August 24, 2016
Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) has a new Chief Financial Officer (CFO), Yvette Downs. more


DCHFA Preserves and Revitalizes Affordable Housing in Brightwood
Monday, July 25, 2016
Agency funds second development project in July more


DCHFA’s Board of Directors Seats Two New Members
Wednesday, July 20, 2016
The Agency’s oversight body welcomes new member and a former member returns more


Affordable Housing Comes to U Street with the Funding of Portner Flats
Friday, July 11, 2016
On July 7th, the District of Columbia Housing Finance Agency (DCHFA) closed on the financing of an affordable housing development in one the District’s most sought after neighborhoods, the U Street Corridor. more


DCHFA Relaunches HomeSaver Foreclosure Prevention Program
Tuesday, June 28, 2016
Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) is closing out Homeownership Month by reopening the HomeSaver Phase I mortgage assistance program. more


DCHFA Launches Mortgage Credit Certificates Program
Monday, June 20, 2016
Today DC Open Doors, a single family mortgage program of the District of Columbia Housing Finance Agency (DCHFA), introduces Mortgage Credit Certificates (MCCs) in DC. more


DCHFA Invests in Ward 5 with the Funding of Langdon Apartments
Monday, May 2, 2016
The District of Columbia Housing Finance Agency (DCHFA) closes the month by financing the construction of a second new development in April more


U.S. Department of Treasury awards DCHFA $3,123,331 in Final Hardest Hit Fund Allocation
Monday, April 25, 2016
Funding Infusion Reignites Agency’s HomeSaver Foreclosure Prevention Program more


DCHFA’s Board of Directors Appoints New Agency Leader
Friday, April 8, 2016
Housing and Real Estate Industry Veteran Todd A. Lee Named Acting Executive Director more


DCHFA, Golden Rule, Mission First Housing and Henson Development Bring Intergenerational Housing to Mount Vernon Triangle
Friday, April 1, 2016
The District of Columbia Housing Finance Agency (DCHFA) closes its second development within in a week by lending tax exempt note proceeds to finance a portion of the debt required to acquire and construct Plaza West, which is located at the intersection of 307 K Street NW and 1035 4th Street NW. more


DCHFA Partners with N Street Village to Expand Housing for Homeless Women in the District
Monday, March 28, 2016
On March 25, 2016, the District of Columbia Housing Finance Agency (DCHFA) closed a tax exempt bond transaction that supports Mayor Muriel Bowser’s goal “to make homelessness, rare, brief and non-recurring by 2020” by providing a portion of the $17.5 million cost to rehabilitate N Street Village (NSV). more


DCHFA Funds Multimillion Dollar Affordable Housing Development in Congress Heights
Tuesday, March 1, 2016
The District of Columbia Housing Finance Agency (DCHFA) broadens its portfolio of affordable rental housing in Ward 8 by closing a transaction to provide acquisition and construction funding for Archer Park, a four story building that will be built in the 1200 block of Mississippi Avenue Southeast, Washington, D.C. more


DC Opens Doors Expands Mortgage Offerings with Freddie Mac HFA Advantage Program
Tuesday, March 1, 2016
Today the DC Open Doors single family mortgage program adds two additional options to its portfolio with the introduction of the Freddie Mac HFA Advantage Program and Freddie Mac HFA Advantage Program with DPAL (Down Payment Assistance Loan of 3 percent). more


DCHFA Closes Transaction to Build Affordable, Green, Supportive Housing in Ward 7
Thursday, February 11, 2016
The Agency’s funding will bring 71 eco-friendly and economically accessible units to Northeast D.C’s Deanwood neighborhood. more


DCHFA Invests in the Revitalization of Historic Anacostia
Tuesday, December 22, 2015
The Agency raises funds for the construction of Bowen Flats, a 100 percent affordable apartment building coming to Ward 8. more


DCHFA and SOME Bring New Mixed-Use Housing Development to Benning Road
Monday, November 2, 2015
The Agency closes transaction that will fund the construction of The Conway Center, bringing affordable, permanent supportive housing units, medical services and job training to a single location in Ward 7. more


DCHFA Funds First FY 2016 Development
Wednesday, October 21, 2015
The Agency's first transaction of FY 2016 will finance the renovation of more than 300 units, preserving affordable housing in Southeast D.C. more


DCHFA Development Projects Honored with Five Housing Industry Awards
Monday, October 13, 2015
The Agency’s work in funding the development and preservation of affordable housing in the District receives local and national acclaim more


Three New Members Appointed to DCHFA’s Board of Directors
Friday, August 14, 2015
Appointees bring development expertise to the Agency as it funds affordable housing across the District more


DC Open Doors Celebrates Funding $100 Million in Mortgage Loans
Tuesday, July 7, 2015
Second Anniversary and Funding Milestone for DCHFA Down Payment Assistance Program more


DHCD and Partner Agencies Release the 2014 Notice of Funding Availability
Tuesday, April 8, 2014
The consolidated RFP will focus on creating affordable housing opportunities throughout the District with a special charge to developers to produce permanent supportive housing units for special needs populations. more


DCHFA upgraded to 'A2' from 'A3' by Moody's
Tuesday, February 18, 2014
Solid financial performance, strong portfolio management and low risk profile cited as rationale for
upgrade. more


Foreclosure Prevention Program Saves Homes for Hundreds of D.C. Residents
Wednesday, January 15, 2014
As the District of Columbia Housing Finance Agency’s HomeSaver program winds down, DCHFA is highlighting the accomplishments of the program, which has helped residents in every ward avoid foreclosure. more


DCHFA Undergoes Change in Leadership
Wednesday, December 4, 2013
Maria Day-Marshall named Interim Executive Director more


DCHFA upgraded to ‘A’ from ‘A-’ by Standard & Poor’s
Tuesday, July 1, 2013
Quality of Assets, Strong Financial Performance among Reasons for Higher Rating more


DC Open Doors – Your Key to the City, to Boost Affordable Homeownership in the District of Columbia
Tuesday, June 25, 2013
The District of Columbia Housing Finance Agency (DCHFA) officially launched its DC Open Doors program on June 25, 2013 at 11 a.m. more


DCHFA Elects New Board Chair and Seats Two New Members
Tuesday, March 26, 2013
New Leadership and New Members Provide Oversight for the Agency’s $1.53 Billion in Assets and Its Project Pipeline more


DCHFA Announces Expansion to HomeSaver, A Foreclosure Prevention Program
Wednesday, February 20, 2013
Recently the DCHFA, with approval of the Treasury Department, has extended the HomeSaver program to aid underemployed persons. more


DCHFA receives honors as “Best Housing Partner” at HAND Luncheon
Friday, June 15, 2012
The District of Columbia Housing Finance Agency (DCHFA) was among the award winners at the Housing Association for Non-Profit Developers (HAND) annual meeting and awards luncheon this week. more


Comprehensive DC Housing Strategy Task Force is Announced
Monday, February 27, 2012
Mayor Vincent C. Gray today announced the re- formation and leadership of a task force that will help him shape a comprehensive housing strategy for the District of Columbia. more


DCHFA Announces over $20 Million for Its Foreclosure Prevention Program: HomeSaver
Wednesday, January 19, 2011
The District of Columbia Housing Finance Agency (DCHFA) announces the availability of over $20 million in foreclosure prevention assistance for unemployed District residents struggling to pay their mortgages. more


DC Housing Finance Agency Closes its 2nd Multi-deal Transaction Under the Obama Administration's New Issue Bond Program
Thursday, August 19, 2010
DC Housing Finance Agency Closes its 2nd Multi-deal Transaction Under the Obama Administration's New Issue Bond Program more


DCHFA Welcomes Leila Batties to its Board of Directors
Tuesday, August 3, 2010
Leila Batties Joins Michael L. Wheet, Buwa Binitie, Jacque D. Patterson and Derek Ford to Provide Strategic and Financial Oversight for the Agency more


DC Bond Program Rate Reduced
Monday, June 14, 2010
The DC Housing Finance Agency welcomes Its new Single Family Program Director and celebrates June Homeownership Month with a huge rate reduction. more


The DC Housing Finance Agency Announces the Return of Its DC Bond Program!
Wednesday, April 28, 2010
The DC Housing Finance Agency Announces the Return of Its DC Bond Program! more


District is 1st in Nation to Close Multi-Deal Transaction Under the Obama Administration's NIBP
Monday, April 19, 2010
District is 1st in Nation to Close Multi-Deal Transaction Under the Obama Administration's NIBP more


The District Awarded $193 million under Obama Administration's New Issue Bond Program
Tuesday, January 12, 2010
The District Awarded $193 Million under Obama Administration's New Initiative for State and Local Housing Agencies more


Media Alert - DCHFA Breakfast Symposium
Thursday, June 25, 2009
DCHFA hosting breakfast symposium to discuss recently released Harvard research study on mixed income housing development in the district more


DCHFA Welcomes Its Newly Reconstituted Board of Directors
Wednesday, May 13, 2009
Derek Ford Joins Returning Members, Michael L. Wheet, Buwa Binitie and Jacque D. Patterson to Provide Strategic and Financial Oversight for the Agency's $1.35 Billion in Assets more


DC Housing Finance Agency Celebrates 30 years!
Wednesday, March 18, 2009
Agency Kicks Off Its Thirty Year Anniversary and Launches Its Newly Redesigned Website more


DCHFA Celebrates National Homeownership Month
Tuesday, June 10, 2008
In Recognition of Homeownership Month, the Agency Supports a Variety of Events more


DCHFA Welcomes Two Newly Confirmed Directors to Its Board
Tuesday, June 3, 2008
Jacque D. Patterson and Buwa Binitie Join Chairman Michael Wheet and Vice Chairman Robert Clayton Cooper to Provide Strategic and Financial Oversight for the Agency's $1.36 Billion in Assets and Its Project Pipeline more


7th Annual Housing Expo Scheduled to Kickoff National Homeownership Month
Friday, June 1, 2007
Free Housing Fair Allows Residents to Lean How to "Get More; Buy in DC" more


HFA Announces Winner of 6th Annual Affordable Housing Development Award of Excellence
Monday, December 4, 2006
Notable Nonprofit Housing Developer, Tenants and Local Church Form Winning Partnership more


$102 Million in Single-Family Mortgage Revenue Bonds Jumpstarts the D.C. Bond Program
Monday, November 27, 2006
$50 million in lendable proceeds, Three Low-Interest Rate Options and Countrywide Home Loans Partnership Marks New Issuance more


HFA Board of Directors Names New Executive Director
Tuesday, June 13, 2006
Board of Directors announced Harry D. Sewell as the new Executive Director of the D.C. Housing Finance Agency (HFA). more