• Reduces the Recordation Tax for a “first-time District homebuyer” purchasing an “eligible property.”

• Current tax rates:

  • Purchase Price under $400K = 1.1%

  • Purchase Price $400k and above =1.45%

• The Reduced Recordation program reduces those rates by half. So, if you quality, the rates would be:

  • Purchase Price under $400K = .55%

  • Purchase Price of $400K and above = .725%

• Read more about the program and see if you qualify here.

• Offers to qualified buyers home purchase loans and down payment assistance.

• Qualified first-time and repeat buyers are eligible for the program

• Program has a requirement of a minimum credit score and an income limit.

• To be connected to a lender to learn more, click here.

Abates your real property taxes for the first five (5) years you are in your home, depending on when you apply.

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To qualify, your income must fall under the household income limits against all person(s) in the household. The purchase price of the property shall not exceed $484,000.00.

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Learn more about the program and see if you qualify here.

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• Program gives eligible first-time home buyers up to $84,000 in combined down payment and closing cost assistance.

• These funds are provided as a no-interest loan, with no payments required for the first five years.

• NOTE: Immediate repayment of the remaining balance is required if the borrower sells or moves out and rents the property.

• Learn more here.