TIMELINE 1979 Legislation was passed by the Council of the District Of Columbia and signed by Mayor Marion Barry to create the DC Housing Finance Agency
1993 Land Development Program was established to provide management, inspection, monitoring, and accounting services for public infrastructure construction
1996 The D .C . Council, Mayor Barry, DC Control Board And U .S . Congress eliminated DCHFA’s appropriated debt, allowing the Agency to become an independent agency
1994 The Agency offered a mortgage interest rate of 6 .5%, the lowest rate offered in Washington, D.C. since the late 1960s
1995 Became one of the first housing finance agencies to be approved by the U .S . Department of Housing And Urban Development for its Risk-Share Program
19 9 19 3 9 19 4 95 19 96
19 82
19
79
1982 DCHFA financed its first affordable multifamily housing group of developments
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