Question 1

What programs does the DC Housing Finance Agency offer?

Accepted Answer

The DC Housing Finance Agency offers various initiatives for affordable housing, including the DC Open Doors home purchase assistance program, the Mortgage Credit Certificate (MCC) program, and the Mortgage Revenue Bond (MMRB) program. The agency also provides resources and information for renters, homeowners, and developers.

Question 2

How can I qualify for the DC Open Doors home purchase assistance program?

Accepted Answer

The DC Open Doors program provides down payment and closing cost assistance to qualified homebuyers in Washington, DC. To qualify, you must meet certain income and credit requirements. You can find a lender and use the mortgage calculator on the agency's website to determine if you are eligible.

Question 3

What resources are available for developers and investors?

Accepted Answer

The DC Housing Finance Agency offers a variety of resources for developers and investors, including information on the McKinney Act Loan Program, the HUD Risk Share Program, and the Single-Family Lending Application Portal. The agency also provides access to annual reports, audited financial statements, and other project-related documentation.

Question 4

How can I become a lender partner with the DC Housing Finance Agency?

Accepted Answer

The agency's website includes information on how to become a lender partner, including the pre-closing submission portal, loan documents, and required trainings. Interested lenders can contact the agency directly to learn more about the lender partnership program.

Question 5

Where can I find information about the agency's events and seminars?

Accepted Answer

The DC Housing Finance Agency's website features a section on events and seminars, where you can find information about upcoming homeownership workshops, mortgage and home-buying educational sessions, and other informative events. You can also sign up for program notifications to stay up-to-date on the agency's initiatives.

DC Housing Finance Agency

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About DC Housing Finance Agency

Frequently Asked Questions about DC Housing Finance Agency

What programs does the DC Housing Finance Agency offer?

How can I qualify for the DC Open Doors home purchase assistance program?

What resources are available for developers and investors?

How can I become a lender partner with the DC Housing Finance Agency?

Where can I find information about the agency's events and seminars?

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