Saturday, May 31, 2025
HomeNewsDC Residents to Get Help for Homeownership Via $50 Million Fund

DC Residents to Get Help for Homeownership Via $50 Million Fund

-

DC Mayor Muriel Bowser has launched a $50 million program to provide financial support to residents struggling to become homeowners. 

Led by the DC Department of Housing and Community Development (DHCD), the program offers funds for mortgage payments and other housing expenses such as insurance, internet bills, utilities, as well as other fees.

The Homeowner Assistance Fund (HAF) will start benefiting eligible homeowners after they apply at haf.dc.gov starting on June 22, 2022. 

“With this program, we’re adding another resource to our homeownership toolkit,” Bowser said in a statement. “Homeownership is a critical tool for helping residents stay and build wealth in DC. That’s why we’re increasing our down payment assistance program, why we launched the Black Homeownership Strike Force, why we have the Safe at Home program, and, now, why we are launching this Homeowner Assistance Fund. All of these programs together is how we give more Washingtonians a fair shot.”

Eligibility criteria for the program are as follows:

  • Residents must be living in a home that they own in DC; 
  • They must have fallen behind on one or more of the eligible program expenses for that home, including: mortgage payments, property taxes, utility payments, or other costs;
  • They must have been impacted by the coronavirus crisis; and
  • They must be making less than 100 percent of the Median Family Income (MFI) or $142,300 for a family of four.

For more details on the DC homeownership program, click here.

You Might Also Like

Latest Posts

Best Yoga Studios in Washington DC: There Is a Class for Everyone

Whether you're a beginner or an experienced yogi, there's a class for you in the nation's capital. Here are some of the best yoga studios in Washington, DC.

Ultimate Guide to Ping Pong Havens in DC: Unleash Your Inner Spin Master

If you're looking to unleash your inner ping pong champion or simply seek a lively spot to challenge your friends, DC has got you covered.

Where to Eat Dim Sum in Washington DC: Top Five Spots

Whether you've been a long-time fan of Chinese cuisine or you just decided to give it a try, here are the best dim sum places in Washington DC.