ReMIT Program Opens
Reverse Mortgage Insurance & Tax Payment Program (ReMIT) allows qualified homeowners to receive financial assistance for delinquent property taxes, homeowner’s insurance, condominium fees/homeowners association fees and certain property related expenses paid by your Servicer that have put the homeowner at risk of foreclosure. Qualified homeowners can receive up to $40,000 in assistance in the form of a zero-interest, non-recourse loan.
DCHFA at 45
The District of Columbia Housing Finance Agency is celebrating its 45th year of serving the housing needs of Washington, D.C. residents. The DCHFA was established on March 3, 1979 to stimulate and expand homeownership and rental housing opportunities in the District. During its 45 years, the Agency has funded the development of more than 50,000 units of affordable housing throughout the District’s eight wards. In 2023, the Agency’s issuer credit rating was raised from “A+” to “AA-” by Standard and Poor’s (S&P), noting DCHFA’s “financial strength.”
LOOKING TO BUY A HOME?
DC Open Doors makes homeownership in Washington, D.C. affordable by offering qualified buyers home purchase loans, down payment, and closing cost assistance. With deferred repayable loans and below-market interest rates, the program supports home purchases in the District of Columbia for both first-time and repeat buyers. Access it through our participating lenders who handle the entire mortgage process.
What We do
At DCHFA, we provide financial resources and programs to support affordable housing initiatives in the District of Columbia. These programs include Affordable Housing Financing, Mortgage Programs, Bonds Issuance, and Community Development Initiatives.
Multifamily Lending Options
DCHFA’s multifamily housing program offers affordable financing for developers to construct, acquire, and renovate rental housing in the District of Columbia. Our four distinct programs cater to both for-profit and non-profit developers. Explore each program below for more details.
