To be the District of Columbia’s principal catalyst for housing finance and neighborhood investment.
Who We Are
DC Housing Finance Agency is a uniquely created and organized financial institution and administrator of affordable housing programs and resources for the District of Columbia.
Through its Multifamily Lending and Neighborhood Investment and Capital Markets divisions, DCHFA issues tax-exempt mortgage revenue bonds to lower the developers’ costs of acquiring, constructing and rehabilitating rental housing. The Agency offers private for-profit and non-profit developers low-cost predevelopment, construction and permanent financing that supports the new construction, acquisition, and rehabilitation of affordable rental housing in the District.
DCHFA’s Single Family Programs division manages all of the Agency’s homeownership programs with the goal of expanding and retaining homeownership opportunities in the District through the DC Open Doors mortgage loan programs, down payment assistance loans, the Mortgage Credit Certificate program, the co-administration of the Home Purchase Assistance Program and the HomeSaver Foreclosure Prevention Programs.
To advance the District of Columbia’s housing priorities, the agency invests in affordable housing and neighborhood development, which provides pathways for DC residents to transform their lives.
We achieve this by delivering the most efficient and effective sources of capital available in the market to finance rental housing and to create homeownership opportunities.
Message from the Executive Director/CEO
Todd A. Lee
Welcome to the District of Columbia Housing Finance Agency, where providing innovative financing solutions for affordable multifamily rental and homeownership opportunities in the District of Columbia is our mission. At DCHFA, we are in service to the residents of the District of Columbia, a dynamic city led by Mayor Muriel Bowser and supported by the Council of the District of Columbia, with a true commitment to affordable housing. We love what we do here and I have the privilege of leading the agency where our team believes in the mission.
This website is your entry point to the resources the Agency has to offer. All of DCHFA’s programs are outlined for developers seeking financing, future homeowners seeking down payment and/or closing cost assistance, renters seeking affordable apartments and homeowners in need of financial relief to retain their home. While you are here learn who we are in the About Us section, review opportunities to join our team, peruse the homeownership success stories, visit the Media Room for articles and videos about DCHFA financed developments and homebuyers, and before you leave the site, view the events calendar and register for industry and DCHFA events.
The Agency’s success equals success for the city’s residents, allowing the District of Columbia to remain a home for all to live and prosper.
Washington Business Journal
Todd A. Lee – Minority Business Leader
HAND Housing Achievement Awards
Best Large Affordable Housing Project – Sheridan Station, William C. Smith
Commercial Real Estate Women DC Awards
Placemaking Award Finalist – the John and Jill Ker Conway Residence (North Capitol Commons)
The National Association of Local Housing Finance Agencies
Multifamily Excellence Award – The Hodge on 7th
District of Columbia Historic Preservation Office (DCHPO)
DC Award of Excellence in Historic Preservation for Design and Construction – House of Lebanon