MCC in Washington, D.C.

Jonathan Hogue purchased an MCC when he bought his Ward 4 Brightwood Park home. He has lived in the District for more than six years, five of which he spent working as a D.C. school teacher.

“My home is in the same neighborhood I taught in and keeps me connected to the family I have created in the District,” said Hogue.

He learned about the MCC from his mortgage broker. Working with a lender and realtor who know the local market and all of the assistance programs available is essential when looking to purchase a home.

“As a first-time homebuyer, I was unaware of all the tax implications buying and then paying for a home would entail. Thankfully, my mortgage broker, Melissa Rich, talked about short- and long-term tax situations and discussed the MCC’s benefits,” said Hogue. “Following the discussion, the brokerage helped me gather the right documents and complete the application process. Once I was up to speed about the program, it was easy to get approved.”

Hogue’s piece of advice to other first-time homebuyers is to “take your time when trying to figure out the right neighborhood and price range. Make sure you take very honest friends and family with you on home tours who you trust to call out things they know you will want in a home, and be very honest about how this will impact your short- and long-term budgetary goals.”

“As the grandson of sharecroppers and a first-time homebuyer doing the process alone, I would be remiss if I did not say the process is difficult,” Hogue said. “However, just be kind to yourself and be sure to surround yourself with only people you trust. I have no doubt you will be fine!”

Written & designed by Susan Ortiz, Public Relations Manager

Edited by Yolanda McCutchen, Vice President of Public Relations

Copyedited by Brandire

Photography by Chris Spielmann, Spielmann Studio

Printed by Global Print Masters