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
DCHFA Launches The Reverse Mortgage Insurance And Tax Payment Program(ReMIT) For District Residents At Risk Of Foreclosure
DCHFA Launches DC Mortgage Assistance Program (DC MAP) For Furloughed Federal Government Employees
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
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)
2016
DCHFA Names Housing And Real Estate Industry Veteran Todd A. Lee, Executive Director
Launches Mortgage Credit Certificate Program And DC Open Doors Reaches $200 Million In Mortgage Loans
2015
DC Open Doors Celebrates Funding $100 Million In Mortgage Loans
2014
Receives Issuer Credit Rating Upgrade To “A2” And Launches HomeSaver II To Help Homeowners At Risk Of Foreclosure
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
2010
DCHFA Is Awarded Over $20 Million To Help District Homeowners Prevent Foreclosures Through The HomeSaver Program
2009
DCHFA Celebrated Its 30th Year Anniversary And Received Issuer Credit Rating Upgrade To “A-“ From Standard & Poor’s
2008
DCHFA Reaches $1 Billion Mark In Multifamily Affordable Housing Finance In Washington, D.C.
2007
Financed 100th Affordable Rental Housing Development In The District
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
2004
DCHFA Celebrated Its 25th Year Anniversary
2003
Council Of The District Of Columbia Approved Legislation Allowing DCHFA To Own And Develop Property
1999
The Home Resource Center Was Opened To Provide Free Housing Counseling Services To Potential Buyers
1998
The Home Resource Center Was Opened To Provide Free Housing Counseling Services To Potential Buyers
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.
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
1994
Agency Offered A Mortgage Interest Rate Of 6.5%, The Lowest Rate Offered In Washington, D.C. Since The Late 1960s
1993
Land Development Program Was Established To Provide Management, Inspection, Monitoring, And Accounting Services For Public Infrastructure Construction
1982
DCHFA Financed Its First Affordable Multifamily Housing Group Of Developments
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
