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HPAP
New lower assistance levels Chart
Here
Washington DC's
Home Purchase Assistance Program (HPAP)
The specifics of
Washington DC’s Home
Purchase Assistance Program
(HPAP): Home
Purchase Assistance Program
is a program that helps low
and moderate income
individuals and families buy
a home in Washington DC.
Up
to $70,000 in financial
assistance is available for
qualified applicants.
How
do I qualify…
1. Be the
head of household and a
first time homebuyer…
2. Be a low
to moderate income resident…
3. Cannot
have held residential real
estate interest within three
years prior to application…
4. Must be
the purchaser’s primary
residence and be inside the
District of Columbia…
5. Have a
good credit rating…
Note:
You don’t need to be a DC
resident to apply but DC
residents always
come first.
Up to $7,000 separate
closing assistance is also
available.
*You
need $500 or 50% of liquid
assets greater than $3,000
*Loan repayment begins in
the sixth year of the loan
and is amortized over 40
years.
*If you transfer the
property, refinance the
property or if the property
does not remain your
principal residence, the
entire amount of the loan is
due immediately….
To apply contact one of the
following organizations…
Housing Counseling
Services Inc 2410
17th St NW Washington DC
20009 202/667-7006-108
Marshall Heights Community
Development Organization
3939
Benning RD NE Washington DC
20019 202/396-1200
Lydia’s House
3939 S Capitol St SE
Washington DC 20032
202/373-1050
Latino Economic Development
Corp
2316 18th St NW Washington
DC 20009 202/588-5102-16
University Legal Services
220 I St NW
St 130 Washington DC 20002
202/547-4747
University Legal Services
3232
Pennsylvania Ave SE St 4
Washington DC 20020
202/547-4747
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