Affordable Housing Development Opportunities
The following programs provide assistance to individuals for economic development of housing and community development. For information on any of these programs, Ask the Director or call (202) 442-7200.
 
Multi-Family Housing Rehabilitation
The Department provides low-cost gap financing for the rehabilitation of residential properties containing five (5) or more units. The principal objective of this program is to stimulate and leverage private investment and financing in the rehabilitation of multi-family housing that is affordable to lower-income residents. Units for rental and home ownership are financed through this program.
New Construction Assistance
DHCD provides assistance for a variety of construction and site development activities that support affordable residential housing or community facilities. The Department's financing is used to leverage private investment in the development of new, affordable units. New development can be for rental or home ownership.
Site Acquisition Funding Initiative
The Site Acquisition Funding Initiative (SAFI) is designed to provide quickly accessible, revolving loan funds for acquisition and predevelopment costs to nonprofit developers committed to the production, rehabilitation, and preservation of affordable housing. SAFI leverages DHCD funds with private monies for the preservation of affordable housing.
Tenant Purchase Technical Assistance Program
The Tenant Purchase Technical Assistance Program provides free, specialized organizational and development services for tenant groups who are pursuing the purchase of their apartment buildings with the intention to convert them to cooperatives or condominiums. Services can include assistance with structuring the tenant association, preparation of legal documents, and help with loan applications.
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