HUD Level I 50/50 Risk Share

The Department of Housing and Urban Development (HUD) Level I 50/50 Risk Share program provides an alternative financing option for developers who preserve affordable housing. DCHFA recognizes the importance of rehabilitating existing properties as much as creating new housing in the District of Columbia. The Federal Housing Administration assumes a portion of the risk and delegates loan processing and asset management functions to DCHFA, a qualified participating entity. FY 2022 was the Agency’s fifth year as a 50/50 Risk Share lender, and the Agency was able to celebrate the financing of Terrace Manor in Ward 8.

Terrace Manor Raze Event

June 30, 2022