Washington DC Employer Assisted Housing Program (EAHP) Guide

Guide to the Washington DC Employer Assisted Housing Program (EAHP)

The Washington DC Employer Assisted Housing Program (EAHP) is designed to assist eligible DC government employees in purchasing homes within the District. This program offers financial support for down payments and closing costs, making homeownership more accessible for public servants. Below is a detailed guide to the program’s features, requirements, and application process for 2025.

1. Program Overview:

• Purpose: The EAHP provides financial assistance to DC government employees for purchasing homes in Washington, DC.
• Assistance Amount: Eligible employees can receive matching funds of up to $5,000 and a deferred loan of up to $20,000 for down payment and closing costs.
• Loan Terms: The deferred loan requires no monthly payments and is repayable upon sale, transfer, or refinancing of the home.

2. Eligibility Requirements for 2025:

To qualify for the Washington DC Employer Assisted Housing Program, applicants must meet the following criteria:

• Employment: Applicants must be full-time DC government employees with at least one year of continuous service at the time of application.
• Residency: The property being purchased must be located within the District of Columbia and serve as the buyer’s primary residence.
• Property Type: Eligible properties include single-family homes, condominiums, or cooperative housing units.
• Income Requirements: While the program is available to a broad range of employees, applicants must meet specific income limits for eligibility.
• Homebuyer Education: Completion of an approved homebuyer education course is mandatory for all applicants.

3. How to Apply:

Follow these steps to apply for the Washington DC Employer Assisted Housing Program:

• Assigned Loan Officer: Once you begin the application process, a loan officer will be assigned to guide you through eligibility verification, program benefits, and the completion of required documentation.
• Prepare Documentation: Gather necessary documents, including proof of employment, income verification, tax returns, and property details.
• Submit Your Application: Work with your assigned loan officer to complete and submit your application. Your loan officer will manage the processing and provide updates on your approval status.

4. Homebuyer Education Course:

• Mandatory Requirement: All applicants must complete an approved homebuyer education course to ensure they are prepared for the responsibilities of homeownership and understand the terms of the assistance provided.
• Course Availability: The course can be completed online or in person. Upon completion, participants will receive a certificate that must be included with their application.

5. Key Benefits of the EAHP:

• Generous Financial Assistance: Applicants can receive up to $25,000 in combined matching funds and deferred loans to cover down payment and closing costs.
• No Monthly Payments: The deferred loan requires no monthly payments, providing financial relief to new homeowners.
• Encourages Homeownership in DC: The program is designed to support public servants in establishing residency within the District, strengthening community ties.

6. Finalizing the Loan:

• Approval Process: Once your application is approved, your assigned loan officer will guide you through the final steps, including reviewing loan terms, signing documents, and preparing for closing.
• Closing Costs: While the program provides significant financial assistance, buyers may still need to cover certain closing costs. Your loan officer will provide a detailed breakdown of these expenses.

The Washington DC Employer Assisted Housing Program (EAHP) is a valuable resource for DC government employees looking to achieve homeownership within the District. With financial support, expert guidance, and tailored benefits, this program helps public servants establish roots and invest in their communities. Start your journey with the EAHP in 2025.