DC Housing Finance Agency Revenue and Competitors

Celebrating its 40th year, the District of Columbia Housing Finance Agency is a uniquely created and organized financial intermediary and administrator of affordable housing programs and homeownership resources in the District of Columbia. Since 2016, Todd A. Lee, Executive Director & CEO, DCHFA has led the innovation of this agency through building a solid team, implementing new technology and launching new products resulting in the investment of over $1 billion in the creation and preservation of, affordable multifamily rental and workforce housing units in addition to supporting homeownership throughout the District of Columbia. Through its Multifamily Lending and Neighborhood Investment and Capital Markets divisions, DCHFA issues tax-exempt mortgage revenue bonds to lower the developers’ costs of acquiring, constructing and rehabilitating rental housing. The Agency offers private for-profit and non-profit developers low-cost predevelopment, construction and permanent financing that supports the new construction, acquisition, and rehabilitation of affordable rental housing in the District. DCHFA’s Single Family Programs division manages all of the Agency’s homeownership programs with the goal of expanding and retaining homeownership opportunities in the District through the DC Open Doors mortgage loan programs, down payment assistance loans, the Mortgage Credit Certificate program, the co-administration of the Home Purchase Assistance Program and the HomeSaver Foreclosure Prevention Programs.