Funding (DPA) Opportunities

The Home Purchase Assistance Program (HPAP) enables lower-and moderate-income individuals and families to purchase affordable housing in Washington, D.C. Qualified HPAP applicants can receive up to $44,000 in financial assistance to purchase single-family houses, condominiums and cooperative apartments. HPAP funds can be used for down payment and/or closing costs. The HPAP Purchase Assistance is in the form of low interest 5 year deferred loan.
Loan amounts are determined by a combination of factors, including income, household size, and the amount of assets that an applicant can commit toward the purchase price of a home. In addition, all loan recipients are required to maintain their properties in compliance with D.C. Housing Codes.

The American Dream Down Payment Initiative provides down payment and closing cost assistance to low to moderate income families who are first time homebuyers for the purchase of single family housing that will serve as the buyers primarily home. There are income restrictions for this program and occupancy requirements apply. This program can be used in conjunction with the FHA program.