DCHFA at 40
The District of Columbia Housing Finance Agency celebrated its 40th year of serving the housing needs of Washington, D.C. residents in 2019. The DCHFA was established on March 3, 1979 to stimulate and expand homeownership and rental housing opportunities in the District. During its 40 years, the Agency has funded the development of more than 50,000 units of affordable housing throughout the District’s eight wards. In Fiscal Year 2019, the Agency’s issuer credit rating was raised to “A+” with a “stable” outlook, according to Standard and Poor’s (S&P).
DCHFA 40th Anniversary Celebration
DCHFA Through the Years
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2019
Todd A. Lee Named District Of Columbia Building Industry Association (DCBIA) Government Sector Awardee 2019
Sep 24, 2019
Sep 24, 2019
DCHFA Launches The Reverse Mortgage Insurance And Tax Payment Program(ReMIT) For District Residents At Risk Of Foreclosure
Sep 3, 2019
Sep 3, 2019
DCHFA Launches DC Mortgage Assistance Program (DC MAP) For Furloughed Federal Government Employees
Jul 5, 2019
Jul 5, 2019
2018
DCHFA closes first HUD Level I 50/50 risk share transaction by financing the preservation of 176 affordable units in Ward 8 at Woodmont Crossing
Nov 15, 2018
Nov 15, 2018
2017
DC Department Of Housing And Community Development Announces DCHFA As New Home Purchasing Assistance Program (HPAP) Co-Administrator, And DCHFA Launches The Housing Investment Platform (HIP)
May 25, 2017
May 25, 2017
2016
DCHFA Names Housing And Real Estate Industry Veteran Todd A. Lee, Executive Director
Oct 12, 2016
Oct 12, 2016
Launches Mortgage Credit Certificate Program And DC Open Doors Reaches $200 Million In Mortgage Loans
Jun 1, 2016
Jun 1, 2016
2015
DC Open Doors Celebrates Funding $100 Million In Mortgage Loans
Sep 20, 2015
Sep 20, 2015
2014
Receives Issuer Credit Rating Upgrade To “A2” And Launches HomeSaver II To Help Homeowners At Risk Of Foreclosure
Oct 25, 2014
Oct 25, 2014
2013
DC Open Doors Is Launched To Help First Time Homebuyers And Homeowners Looking To Upgrade Purchase Homes By Providing Down Payment And Closing Cost Assistance Loans
Sep 5, 2013
Sep 5, 2013
2010
DCHFA Is Awarded Over $20 Million To Help District Homeowners Prevent Foreclosures Through The HomeSaver Program
Sep 4, 2010
Sep 4, 2010
2009
DCHFA Celebrated Its 30th Year Anniversary And Received Issuer Credit Rating Upgrade To “A-“ From Standard & Poor’s
Sep 5, 2009
Sep 5, 2009
2008
DCHFA Reaches $1 Billion Mark In Multifamily Affordable Housing Finance In Washington, D.C.
Oct 5, 2008
Oct 5, 2008
2007
Financed 100th Affordable Rental Housing Development In The District
Oct 16, 2007
Oct 16, 2007
2005
DCHFA Issued More Than $76 Million In Tax-Exempt Bonds To The DC Housing Authority To Help Rehabilitate And Modernize 6,858 Public Housing Units
Oct 16, 2005
Oct 16, 2005
2004
DCHFA Celebrated Its 25th Year Anniversary
Oct 21, 2004
Oct 21, 2004
2003
Council Of The District Of Columbia Approved Legislation Allowing DCHFA To Own And Develop Property
Oct 23, 2003
Oct 23, 2003
1999
The Home Resource Center Was Opened To Provide Free Housing Counseling Services To Potential Buyers
Oct 17, 1999
Oct 17, 1999
1998
The Home Resource Center Was Opened To Provide Free Housing Counseling Services To Potential Buyers
Oct 10, 1998
Oct 10, 1998
1996
The Council Of The District Of Columbia, Mayor Barry, DC Control Board And U.S. Congress Eliminated DCHFA’s Appropriated Debt, Allowing The Agency To Become An Independent Agency.
Oct 23, 1996
Oct 23, 1996
1995
Became One Of The First Housing Finance Agencies To Be Approved By The U.S. Dept. Of Housing And Urban Development For Its Risk-Sharing Program
Oct 5, 1995
Oct 5, 1995
1994
Agency Offered A Mortgage Interest Rate Of 6.5%, The Lowest Rate Offered In Washington, D.C. Since The Late 1960s
Sep 5, 1994
Sep 5, 1994
1993
Land Development Program Was Established To Provide Management, Inspection, Monitoring, And Accounting Services For Public Infrastructure Construction
Oct 23, 1993
Oct 23, 1993
1982
DCHFA Financed Its First Affordable Multifamily Housing Group Of Developments
Oct 16, 1982
Oct 16, 1982
1979
Legislation Was Passed By The Council Of The District Of Columbia And Signed By Mayor Marion Barry To Create The DC Housing Finance Agency
Oct 17, 1979
Oct 17, 1979
1979