To advance the District of Columbia’s housing priorities, the agency invests in affordable housing and neighborhood development, which provides pathways for DC residents to transform their lives.
Relationship to the State Government: Instrumentality of D.C. Government
Current Staff Size: 45
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1979
DCHFA is established
1982
DCHFA financed its first affordable multifamily housing group of developments
1995
the first Housing Finance Agencies to be approved by the U.S. Department of Housing and Urban Development for its Risk Sharing Program
2005
Issued more than $76 million in bonds to help rehabilitate and modernize 6,858 public housing units
2008
Reached $1 billion mark in multifamily affordable housing finance
2016
DC Open Doors celebrated funding $200 million in mortgage loans, and launched its Mortgage Credit Certificate Program.
Total Financing Provided
Renters Served Since 1979
Homeowners Served Since 2013
Signature Program
Housing Investment Platform
HIP is a single family investment program designed to create more affordable housing throughout the District. DCHFA partners with developers to provide affordability in exchange for a lower preferred return hurdle, to produce for sale home for people in the 60-120% median income range.
New Homeowners Created (+ 100 new homes in the pipeline): 32
Future Focus
Christopher E. Donald
Executive Director & CEO
“Our Agency will continue to focus on social justice and economic justice through the production of healthy, affordable and beautiful housing utilizing the provision of the most efficient capital in the marketplace. We believe that all people should be housed with dignity and with our partners both public and private, this is possible!”
Elisabete Gaffney
HPAP & DC Open Doors
Washington, D.C. Homeowner
Elisabete Gaffney was able to receive great interest rates without being in the top tier of credit scores. “Through DC Open Doors and HPAP, I was able to receive the maximum allowed $80,000 plus $4,000 for the closing cost and a really good interest rate that is really hard to get,” said Gaffney.
“I was able to buy a single-family home, 962 square-feet with 5,000 square-feet of land because of these programs,” said Gaffney who purchased her home in 2018.
Folashade Oladipe
DC4ME
Washington, D.C. Homeowner
Folashade Oladipo used the DC4ME program to purchase her Ward 4 home in 2020. DC4ME helped Oladipo, an employee of the Deputy Mayor’s Office for Planning and Economic Development, achieve her goal of homeownership sooner than she thought possible. “DC4ME made it possible for me to purchase my dream home on a budget!” she said.
Sakira Cook
HIP & DC Open Doors
Washington, D.C. Homeowner
Sakira Cook was able to purchase her home with the help of DCHFA’s Housing Investment Platform (HIP) and DC Open Doors. Cynthia Townhomes is the second project under HIP, and it consists of 15 townhomes in Ward 7’s Marshall Heights neighborhood. Through DC Open Doors, aspiring homebuyers can get the down payment assistance they need to purchase a home.
