DC4ME
Last fiscal year, DCHFA launched the DC4ME program to provide D.C. government employees mortgage assistance in the form of a zero percent deferred subordinate loan. Qualified District government employees can receive a reduced interest rate first trust mortgage, with optional down payment assistance DC4ME is offered to full-time District government employees, including employees of District government-based instrumentalities, independent agencies, District of Columbia Public Charter Schools, and organizations, provided the borrower’s employer falls under the oversight of the Council of the District of Columbia. Borrowers can combine DC4ME with other District home purchase assistance programs, if eligible including: the District of Columbia Employer Assisted Housing Program (EAHP) and the District of Columbia Home Purchase Assistance Program (HPAP).
38 | DCHFA INNOVATES | DCHFA FY 2020 ANNUAL REPORT
