OUR PARTNERS
Housing Investment Platform (HIP) Single Family
Housing Investment Platform Brochure
The Housing Investment Platform (HIP) invests in single family development projects designed to create more affordable homeownership opportunities throughout the District of Columbia. DCHFA is partnering with developers to reduce the upfront financial burdens in exchange for a lower preferred return hurdle.
The goal of HIP is to invest in real estate transactions that produce for sale townhomes and condos for people in the 80-120% median family 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
- Townhomes and Condos
- Pre-Development Investment: up to $250,000
- Acquisition & Construction: up to $1,000,000
- Completed projects must be affordable to households earning between 80-120% of the Median Family Income (MFI)
Additional Resources
Project Showcase
The Heights - A Todd A. Lee Townhome Community
Coming Soon
The Ana - A Todd A. Lee Townhome Community
Coming Soon
Want to get involved with the HIP?
Contact us for more information on how you can get involved with the Housing Investment Platform today.
