Developers

Housing Investment Platform

The Housing Investment Platform (HIP) is a single family investment program designed to create more affordable housing throughout the District of Columbia. DCHFA is partnering with developers to provide affordability in exchange for a lower preferred return hurdle.

The goal of the HIP is to invest in real estate transactions that produce for sale houses, condos, and townhomes for people in the 60-120% median income range.

HIP Information

Developer Eligibility

  • Local developers with market knowledge, technical expertise, and demonstrated track record
  • Must be certified as a CBE/SBE or agree to contract 50% of the hard costs to certified CBE/SBEs

Project Eligibility

  • Single Family Homes, Townhomes, & Condos
  • Pre-Development Investment: up to $250,000
  • Acquisition & Construction: up to $1,000,000
  • Completed projects must be affordable to households earning between 60-120% of the Median Family Income (MFI)

Additional Resources

Project Showcase

Elvans Road Townhomes

2501 Elvans Road SE,
Washington, DC 20020

Want to get involved with the HIP?

Contact us for more more information on how you can get involved with the Housing Investment Platform today.

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The DC Housing Finance Agency is closed on Thursday, September 20th and will reopen on Friday, September 21st at 8:00 am.
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