Homeownership Opportunities DHCD provides a number of opportunities low-to-moderate income residents who seek to become first-time homeowners in the District. We also can assist with qualified existing homeowners who need home repairs. For information on any of these programs, Ask the Director or call (202) 442-7200. Home Purchase Assistance Program Employer Assisted Housing Program Single Family Residential Rehabilitation Program Handicapped Accessibility Improvement Program Lead Safe Washington Program Home Purchase Assistance Program The Home Purchase Assistance program provides interest-free and low-interest loans to qualified residents, which enables them to purchase houses, condominiums, or cooperative apartments. Residents who are accepted into the three-tiered program are eligible for loans to meet down payment and closing cost requirements. The loan amounts are based on a combination of factors, including income, household size, and the amount of assets that each applicant must commit toward a property’s purchase price. Loans provided are subordinate to private first trust mortgages. Fact Sheets - English / Spanish / Amharic* / Mandarin*      / Vietnamese* Assistance Table - English*     The Employer Assisted Housing Program The Employer Assisted Housing Program (EAHP) provides assistance to employees of the District of Columbia Government who are first-time homebuyers in the District. Employees of District government agencies may be eligible for matching down payment funds up to $1,500 and a deferred loan of up to $10,000. In addition to the home purchase grants and loans, EAHP applicants who apply and qualify for the program receive additional tax incentives: An annual credit of $2,000 based on a sliding scale against income tax liability for five years. Sliding scale real property tax credits as follows: -  80% credit for the first year -  60% credit for the second year -  40% credit for the third year -  20% credit for the fourth year -  20% credit for the fifth year These tax benefits are only available to DC Government Employees who apply for the EAHP and require approval for the first time home purchase loans and grants.  Applicants who do not utilize the loan/grant program or who already own property in the District are not eligible for these tax incentives.  In order to retain these tax credits, applicants must remain employed and in good standing with the DC Government.  If the borrower ceases to be employed by the DC Government or moves out of the property, the borrower will be disqualified for both credits. Homebuyer Assistance Programs Brochure* Single Family Residential Rehabilitation Program The Department’s Single Family Residential Rehabilitation Program is designed to help households finance home repairs that will address DC housing code violations.  Funding may be used for activities that include repairing walls and floors; replacing windows; and repairing plumbing, electrical, and heating systems. Up to $75,000 in loan financing is available. Fact Sheet* Page 1 of 2      1  2