Our Agency

Fiscal Year 2022 (FY 2022) marked the District of Columbia Housing Finance Agency’s (DCHFA or “the Agency”) 43rd year serving the housing needs of Washington, D.C., residents. DCHFA was established on March 3, 1979, to stimulate and expand homeownership and rental housing opportunities in the District.

FY 2022 marked the return to a new normal. The Agency’s staff returned to work on a hybrid basis while continuing to create and administer homeownership programs and close deals to finance much-needed affordable rental housing. Through DCHFA’s flagship homeownership program, DC Open Doors, the return of the Mortgage Credit Certificate (MCC), co-administration of the Home Purchase Assistance Program (HPAP), and DC4ME, the Agency continued to create new D.C. homeowners, increasing the number of residents who could start building personal wealth.

DCHFA continues to look for opportunities to finance projects that will bring quality affordable housing to D.C. residents. While the Agency had a successful year in FY 2022, the goal heading into FY 2023 is to propel the City even closer to Mayor Muriel Bowser’s goal of 12,000 new affordable units in the District by 2025.

Our Mission

The Agency’s mission is to advance the District of Columbia’s housing priorities by investing in affordable housing and neighborhood development, which provides pathways for D.C. residents to transform their lives. DCHFA accomplishes its mission by delivering the most efficient and effective sources of capital available in the market to finance rental housing and to create homeownership opportunities.