The District announced that its homebuyer assistance program is no longer accepting applications as all of its funding has been reserved.
The $26.2 million fund was supposed to last from October 2023 through this September.
D.C. residents with low and moderate income are eligible to apply for the program, which offers interest-free loans and closing cost assistance. Those eligible for the program can access up to $202,000 apiece for home purchases, and $4,000 for closing costs.
Those interested in applying will now need to wait until October when the program re-opens for fiscal year 2025.
Click here to read the rest of the article written by Tadiwos Abedjep over at WTOP/a>
