DC Launches $50 Million Homeowner Assistance Fund
DC Mayor Muriel Bowser is launching a $50 million homeowner assistance fund with the remaining funds provided to the city by the American Rescue Plan Act.
Starting in a week, eligible DC homeowners can go to haf.dc.gov to apply for funding to cover mortgage payments and other property or housing expenses, including utilities, insurance, condo fees, internet, and housing association fees.
story continues below
loading...story continues above
Those homeowners eligible for the program must:
- Live in a home that they own in DC;
- Have fallen behind on one or more of the eligible expenses for that home, including: mortgage payments, condo fees, property taxes, homeowners’ insurance, utility payments, and internet/broadband payments;
- Were impacted by COVID-19; and
- Make less than 100% of the Median Family Income (MFI) or $142,300 for a family of four.
Late last year, DC's Department of Housing and Community (DHCD) began accepting applications for a pilot version of the Housing Assistance Fund. The program, using $5 million of the $50 million allotted, provided grants to condo owners in the 20019, 20020, 20024, and 20032 zip codes who purchased their units using DHCD's down payment and/or closing cost assistance programs.
Thumbnail photo by Ted Eytan.
See other articles related to: dc housing assistance fund, housing assistance fund
This article originally published at https://dc.urbanturf.com/articles/blog/dc-mayor-launches-50-million-homeowner-assistance-fund/19772.
Most Popular... This Week • Last 30 Days • Ever

Why condo fees are high in some buildings and low in others can be a difficult questi... read »

When sellers haven't quite lined up their next house before their settlement date com... read »

In this edition of First-Timer Primer, we look into the question of how to determine ... read »

The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »

Here's what you need to know about reporting profit made from the sale of your home.... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro