Home Purchase Assistance Program (HPAP)
HOME PURCHASE ASSISTANCE PROGRAM (HPAP)
The Home Purchase Assistance Program (“HPAP”) is available to first-time homebuyers purchasing a home located in the District to provide gap financing to assist with necessary funds to purchase. The assistance provides down payment and closing cost assistance in the form of a deferred interest free loan to first-time District homebuyers falling within the very low and moderate income levels.
The income limits were determined based upon the area median income for the Washington, DC metro area, established by the Secretary of the U.S. Department of Housing and Urban Development.
The maximum first trust loan amount cannot exceed the conforming loan limit (currently $1,089,300 – subject to change without notice).
How to Apply
To apply for assistance or to receive more information, please contact one of the following CBOs:
Once your application is complete, the CBO submits documentation to DHCD to register you for the lottery.
HPAP Information
- HPAP provides gap financing to first time homebuyers earning up to 110 percent of the area median income (MFI)
- Maximum HPAP loan amount for down payment assistance is $202,000
- Maximum HPAP loan amount for closing cost assistance is $4,000
HPAP Eligibility Requirements
In order to qualify for HPAP, you must meet the requirements below:
- Applicant(s) must be a first-time homebuyer (cannot have had an ownership interest in any residential real estate within the three years prior to application).
- Household income must be within the very low-to-moderate income level, based on DHCD’s standards.
- The home being purchased must be for the borrower’s primary residence and must be located within the District of Columbia.
- Possess a good credit rating.
Additional Resources
- Fact Sheet
- DDOE Lead Disclosure Form
- HPAP Contract Information Sheet
- HPAP General Fillable Contract Addendum
- HPAP Inspection Authorization Fillable
- HPAP Lender Checklist
- HPAP Re-Inspection Authorization Fillable