Home Purchase Assistance Program

HomePurchase Assistance Program HPAP

The DCHFA is a co-administrator of the District of Columbia Department of Housing and Community Development’s Home Purchase Assistance Program .

In FY 2019, DCHFA closed 150 loans for first-time homebuyers for a total of $8,339,046 funded.

HPAP FY 2019 Highlights: • Number of Notice of Eligibility (NOE) Applications Received: 613 • Number of NOEs Issued: 459 • Number of Total Closed Loans: 150 • Average Purchase Price: $2306,981 • Average Loan Amount: $55,593 • Average Age of Homebuyer: 36 • Average Household Size: 1 • Average Household Income: $59,584

DCHFA’s service as a co-administrator of HPAP allows the Agency to serve more first-time homebuyers and make a greater contribution to homeownership in Washington, D.C. FY 2019 was DCHFA’s second year as a co-administrator.

Manny Allen

HPAP Loans by Ward

Realizing the Dream of Homeownership with HPAP

Manny Allen became a homeowner in June 2019 after getting approved for an HPAP loan . Allen had spent most of his life living in Washington, D .C . but becoming a homeowner had always been a dream of his . “I’ve always felt I was fortunate to grow up in a city with such a vast history and culture,” said Allen . “D.C. is unique because it’s not just another city inside of a state and I knew I wanted to own a little piece of land inside of it .” Allen learned about HPAP from his mother and then went to Housing Counseling Services and worked with his realtor to get more information. Applying for financial assistance through the HPAP program requires taking educational classes and filling out an application. Allen knew “the benefits of the program were more than enough to justify those minor inconveniences.” Soon after finishing up the process and receiving his approval notification, Allen was able to put in an offer on his home in Ward 7.

Manny & his wife, Michion