Media Room

Press Releases

DCHFA Closes Homeownership Month with Launch of a New Mission, Statement of Values, Logo and Website

June 26, 2018

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DCHFA Celebrates Homeownership Month with Program Enhancements

June 6, 2018

The Agency announces key program changes and launches new event during the June Housing Bloom.

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DCHFA Finances Affordable Housing for Veterans at Walter Reed

May 1, 2018

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) closed on its third affordable housing transaction during the month of April with the issuance of $9,541,577 in acquisition and rehabilitation financing for HELP Walter Reed Apartments (1324 Main Drive NW) in Ward 4.

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DCHFA Preserves Affordable Housing in Brookland

April 24, 2018

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) issued $10.1 million in acquisition and rehabilitation financing for Brookland Place Apartments (617 Hamlin Street, Northeast). DCHFA’s investment will preserve 80 units of affordable housing in Ward 5.

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DCHFA Finances a Fifth Project at The Yards

April 13, 2018

The Agency’s investment will add 53 affordable apartments to one of D.C.’s fastest developing neighborhoods

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DCHFA Names Michael Hentrel, General Counsel

April 11, 2018

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) has appointed a new General Counsel, Michael Hentrel. In April, Hentrel’s tenure began at DCHFA where is the agency’s lead attorney reporting to DCHFA’s Executive Director/CEO Todd A. Lee.

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DCHFA Closes First HUD Level I 50/50 Risk Share Transaction by Financing the Preservation of 176 Affordable Units in Ward 8

February 28, 2018

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) closed on its first U.S. Department of Housing and Urban Development (HUD) Level I 50/50 Risk Share 542 (c) loan to finance the preservation of 176 affordable units at Woodmont Crossing Apartments (2327 Good Hope Road Southeast).

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District Agencies Announce Progress to Transform Parkway Overlook Community

February 14, 2018

Financing secured to preserve 220 affordable housing units of mostly two and three bedrooms in Ward 8

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DCHFA Finances New Affordable Senior Housing and Preserves Affordable Units in Wards 5 and 8

January 17, 2018

The Agency closes two deals on same day funding 159 apartments.

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DCHFA Financing Preserves Affordable Housing in Chinatown

December 22, 2017

Washington, D.C. – On December 21, the District of Columbia Housing Finance Agency (DCHFA) issued $39 million in bond financing for the preservation of Wah Luck House Apartments (800 6th Street NW).

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DCHFA Financing Preserves Affordable Housing in Chinatown

December 22, 2017

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Thanksgiving Dinner at the DC Housing Finance Agency

November 14, 2017

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DCHFA Financing Brings The Solstice to Northeast, D.C.

November 3, 2017

Washington, D.C. – On November 2, the District of Columbia Housing Finance Agency (DCHFA) financed its first development of Fiscal Year 2018 with the issuance of $21.5 million ($10.6 million long term, $10.9 million short term) in DCHFA tax exempt bonds to fund the construction of The Solstice (3534 East Capitol NE, Washington, D.C.).

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DCHFA Launches the Housing Investment Platform with the Groundbreaking of Elvans Road Townhomes

August 2, 2017

The Agency partners with H2DesignBuild and City First Bank to construct new affordable homes in Ward 8

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Media Advisory: DCHFA launches the Housing Investment Platform with the Groundbreaking of Elvans Road Townhomes

July 24, 2017

The District of Columbia Housing Finance Agency launches the Housing Investment Platform with the Groundbreaking of Elvans Road Townhomes.

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DCHFA Introduces Multi-Family Online Application

July 18, 2017

Washington, D.C. – Today the District of Columbia Housing Finance Agency (DCHFA) takes its multifamily financing process completely online with the launch of the new Multi-Family Lending Application.

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DCHFA Closes First HPAP Loan for Home Purchase Assistance

June 19, 2017

Ward 7 residents are first to benefit from innovative program

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DCHFA Partners with Jubilee Housing to Preserve and Expand Affordable Housing in Columbia Heights

June 16, 2017

Washington, D.C. – The District of Columbia Housing Finance Agency (DCHFA) is investing in affordable housing in Columbia Heights for the second time this spring with the issuance of $15,840,000 in bond financing for the rehabilitation and construction of the Maycroft Apartments (1474 Columbia Road N.W., Washington, DC) on June 14.

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DCHFA Celebrates Homeownership Month with New Incentives for D.C. Home Buyers

June 6, 2017

The Agency launches Closing Cost Grants Giveaway and makes key program changes.

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DCHFA Partners with SOME to Expand Affordable Housing in Columbia Heights

May 11, 2017

Washington, D.C. – On May 10th, the District of Columbia Housing Finance Agency (DCHFA) issued $10,200,000 (short and long term tax exempt obligations) in bond financing to rehabilitate and increase the number of affordable housing units at SOME’s Spring Road Project (1433 and 1435 Spring Road, Northwest).

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DCHFA Finances a Fourth Project at The Yards

April 7, 2017

The Agency’s investment expands affordable housing in one of D.C.’s trendiest neighborhoods

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DHCD Announces DCHFA as New HPAP Co-Administrator

March 2, 2017

(Washington, DC) The DC Department of Housing and Community Development (DHCD) is pleased to announce that on March 1 the DC Housing Finance Agency (DCHFA) began operations as co-administrator of the Home Purchase Assistance Program (HPAP).

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DCHFA Finances Second Affordable Apartment Complex in Ward 8 in 2017

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).

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DCHFA Finances Two Affordable Development Projects in Wards 7 and 8

January 18, 2017

The Agency’s investments will fund the building and preservation of homes in Historic Anacostia and Benning Ridge neighborhoods.

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DC Open Doors Funds $200 Million in Mortgage Assistance Loans

November 8, 2016

DCHFA Down Payment/Closing Cost Assistance Program Aids 689 Homeowners in D.C.

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DCHFA Funds its First Development Project of FY 2017 in Deanwood

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.

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DCHFA Makes Key Appointment and Rebrands Public Finance Division

October 12, 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.

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DCHFA Closes Fiscal Year 2016 by Financing Affordable Housing Developments in Wards 7 and 8

September 30, 2016

Agency funds 14 transactions and 2,090 affordable units in the District of Columbia.

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Todd A. Lee, Confirmed to Lead the DC Housing Finance Agency

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).

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DCHFA Finances Affordable Housing in Brightwood and Barry Farm

September 19, 2016

Agency funds the redevelopment of the historic Emory United Methodist Church site and Parkchester Apartments in a Single Week

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DCHFA Names Yvette Downs, Chief Financial Officer

August 24, 2016

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

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DCHFA Preserves and Revitalizes Affordable Housing in Brightwood

July 25, 2016

Agency funds second development project in July

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DCHFA’s Board of Directors Seats Two New Members

July 20, 2016

The Agency’s oversight body welcomes new member and a former member returns

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Affordable Housing Comes to U Street with the Funding of Portner Flats

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.

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DCHFA Relaunches HomeSaver Foreclosure Prevention Program

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.

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DCHFA Launches Mortgage Credit Certificates Program

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.

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DCHFA Invests in Ward 5 with the Funding of Langdon Apartments

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

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U.S. Department of Treasury awards DCHFA $3,123,331 in Final Hardest Hit Fund Allocation

April 25, 2016

Funding Infusion Reignites Agency’s HomeSaver Foreclosure Prevention Program

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DCHFA’s Board of Directors Appoints New Agency Leader

April 8, 2016

Housing and Real Estate Industry Veteran Todd A. Lee Named Acting Executive Director

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DCHFA, Golden Rule, Mission First Housing and Henson Development Bring Intergenerational Housing to Mount Vernon Triangle

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.

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DCHFA Partners with N Street Village to Expand Housing for Homeless Women in the District

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).

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DCHFA Funds Multimillion Dollar Affordable Housing Development in Congress Heights

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.

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DC Opens Doors Expands Mortgage Offerings with Freddie Mac HFA Advantage Program

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).

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DCHFA Closes Transaction to Build Affordable, Green, Supportive Housing in Ward 7

February 11, 2016

The Agency’s funding will bring 71 eco-friendly and economically accessible units to Northeast D.C’s Deanwood neighborhood.

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DCHFA Invests in the Revitalization of Historic Anacostia

December 22, 2015

The Agency raises funds for the construction of Bowen Flats, a 100 percent affordable apartment building coming to Ward 8.

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DCHFA and SOME Bring New Mixed-Use Housing Development to Benning Road

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.

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DCHFA Funds First FY 2016 Development

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.

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DCHFA Development Projects Honored with Five Housing Industry Awards

October 13, 2015

The Agency’s work in funding the development and preservation of affordable housing in the District receives local and national acclaim

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Three New Members Appointed to DCHFA’s Board of Directors

August 14, 2015

Appointees bring development expertise to the Agency as it funds affordable housing across the District

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DC Open Doors Celebrates Funding $100 Million in Mortgage Loans

July 7, 2015

Second Anniversary and Funding Milestone for DCHFA Down Payment Assistance Program

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DHCD and Partner Agencies Release the 2014 Notice of Funding Availability

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.

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Foreclosure Prevention Program Saves Homes for Hundreds of D.C. Residents

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.

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DCHFA Undergoes Change in Leadership

December 4, 2013

Maria Day-Marshall named Interim Executive Director

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DCHFA upgraded to ‘A’ from ‘A-’ by Standard & Poor’s

July 1, 2013

Quality of Assets, Strong Financial Performance among Reasons for Higher Rating

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DC Open Doors – Your Key to the City, to Boost Affordable Homeownership in the District of Columbia

June 25, 2013

The District of Columbia Housing Finance Agency (DCHFA) officially launched its DC Open Doors program on June

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DCHFA Elects New Board Chair and Seats Two New Members

March 26, 2013

New Leadership and New Members Provide Oversight for the Agency’s $1.53 Billion in Assets and Its Project Pipeline

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DCHFA Announces Expansion to HomeSaver, A Foreclosure Prevention Program

February 20, 2013

Recently the DCHFA, with approval of the Treasury Department, has extended the HomeSaver program to aid underemployed persons.

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DCHFA receives honors as “Best Housing Partner” at HAND Luncheon

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.

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Comprehensive DC Housing Strategy Task Force is Announced

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.

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DCHFA upgraded to ‘A2’ from ‘A3’ by Moody’s

February 18, 2012

Solid financial performance, strong portfolio management and low risk profile cited as rationale for upgrade.

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DC Housing Finance Agency Closes its 2nd Multi-deal Transaction Under the Obama Administration’s New Issue Bond Program

August 19, 2010

DC Housing Finance Agency Closes its 2nd Multi-deal Transaction Under the Obama Administration's New Issue Bond Program

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DCHFA Welcomes Leila Batties to its Board of Directors

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

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DC Bond Program Rate Reduced

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.

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The DC Housing Finance Agency Announces the Return of Its DC Bond Program!

April 28, 2010

The DC Housing Finance Agency Announces the Return of Its DC Bond Program!

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District is 1st in Nation to Close Multi-Deal Transaction Under the Obama Administration’s NIBP

April 19, 2010

District is 1st in Nation to Close Multi-Deal Transaction Under the Obama Administration's NIBP

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DCHFA Announces over $20 Million for Its Foreclosure Prevention Program: HomeSaver

January 19, 2010

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.

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The District Awarded $193 million under Obama Administration’s New Issue Bond Program

January 12, 2010

The District Awarded $193 Million under Obama Administration's New Initiative for State and Local Housing Agencies

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Media Alert – DCHFA Breakfast Symposium

June 25, 2009

DCHFA hosting breakfast symposium to discuss recently released Harvard research study on mixed income housing development in the district

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DCHFA Welcomes Its Newly Reconstituted Board of Directors

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

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DC Housing Finance Agency Celebrates 30 years!

March 18, 2009

Agency Kicks Off Its Thirty Year Anniversary and Launches Its Newly Redesigned Website

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DCHFA Celebrates National Homeownership Month

June 10, 2008

In Recognition of Homeownership Month, the Agency Supports a Variety of Events

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DCHFA Welcomes Two Newly Confirmed Directors to Its Board

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

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7th Annual Housing Expo Scheduled to Kickoff National Homeownership Month

June 1, 2007

Free Housing Fair Allows Residents to Lean How to "Get More; Buy in DC"

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HFA Announces Winner of 6th Annual Affordable Housing Development Award of Excellence

December 4, 2006

Notable Nonprofit Housing Developer, Tenants and Local Church Form Winning Partnership

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$102 Million in Single-Family Mortgage Revenue Bonds Jumpstarts the D.C. Bond Program

November 27, 2006

$50 million in lendable proceeds, Three Low-Interest Rate Options and Countrywide Home Loans Partnership Marks New Issuance

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HFA Board of Directors Names New Executive Director

June 13, 2006

Board of Directors announced Harry D. Sewell as the new Executive Director of the D.C. Housing Finance Agency (HFA).

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