First-Time Homebuyer’s Tax Credit

$5,000 federal income tax credit is available to first-time homebuyers in the D.C.

Employer Assisted Housing Program

The DC Employer Assisted Housing program provides grants and deferred loans up to $11,500 to employees of the DC government who are first-time homebuyers in DC.

Housing Counseling Service, Inc.
2430 Ontario Road, NW
Washington, DC 20009

Individual Development Account (IDA) Program; MANNA, Inc.

This program fosters saving toward the down payment on a home, and assists participants with improving their credit while learning how to be successful homeowners.

828 Evarts St., NE
Washington, DC 20018

Individual Development Account (IDA); Marshall Heights Community Development Organization

Through the IDA program, individuals open an IDA account at a specified local bank with an initial deposit of $400.  IDA participants then develop a monthly savings plan to reach a savings goal. MHCDO matches $2 for every $1 saved by the participant.
202.396.1201 ext.135

Marshall Heights Community Organizatoin
3939 Benning Rd., NE
Washington, DC 20019

Housing Purchase Assistance Program (HPAP)

HPAP provides interest-free or low-interest loans for down payments, closing costs or other expenses associated with buying a house, a condominium or a cooperative in the District. Amount of loan is adjusted to reduce the total monthly mortgage payment to 28% of household’s monthly gross income. For very low income families repayment of loans is deferred until house is sold.

Department of Housing and Community Development
801 North Capitol Street, NE
Suite 8000
Washington, DC  20002

Single-Family Mortgage Revenue Bonds

The DC Housing Finance Agency (HFA) finances below-market rate loans to low- and moderate-income residents using proceeds from the sale of Single Family Mortgage Revenue Bonds.

DC Housing Finance Agency
815 Florida Avenue, NW
Washington, DC  20001

Scattered Site Program

The Scattered Sites Projects mission is two-pronged: to invigorate neighborhoods and communities in the District of Columbia by renovating abandoned houses, and to provide affordable opportunities by marketing these renovations to low- and moderate-income families, especially first-time homebuyers.

Mi Casa Inc.
1769 Lanier Place
Washington, DC 20009

Metropolitan Police Housing Assistance Program (MPHPAP)

The program matches down payment funds up to $1,500 (programs provides $500 for each $2,500 saved by an employee). The program includes deferred payment loans up to $10,000, ability to keep assigned patrol car during off-duty hours, an income tax credit of $2,000 per year for five years and a sliding-scale, five year property tax credit.

Housing Counseling Services, Inc.
2430 Ontario Road, NW
Washington, DC  20009