Homeownership Assistance Programs in DC Pt. 3: Resources to Help You Buy A Home
This is the third installment in a series about homeownership assistance programs in Washington D.C. This article discusses the Negotiated Employee Assistance Home Purchase Program, which aims to encourage people to live and work in the district by offering D.C. union employees financial assistance with down payment and closing costs. Other city programs to help make buying a home more affordable are discussed in Part 1 and Part 2 of the series.
The Negotiated Employee Assistance Home Purchase Program
The Negotiated Employee Assistance Home Purchase Program (NEAHP) provides some union employees of the D.C. Government with a grant to cover a portion of the costs of buying a home. Applicants must be union employees, with a position covered by certain collective bargaining agreements. Additionally, the property to be purchased must be located in the district and be the applicant’s primary residence. Qualified union employees can receive between $3,000 and $26,500, depending on their years of service.
Employees in good standing with a position covered by the following collective bargaining agreements are eligible to apply:
- Service Employees International Union 1199
- District of Columbia Nurses Association
- District of Columbia Compensation Units 1 and 2
- American Federation of Government Employees Local 383
- American Federation of State, County, and Municipal Employees Local 2095
All applicants must also have a good credit rating and cannot have held primary ownership interests in any D.C. residential property in the past three years.
Assistance available to employees depends on years of service and available funding.
- For applicants with 2 to 4 years of service, the grant amount is $3,000. If an applicant is married to a partner who is also eligible for the grant, the maximum grant amount is $5,500.
- For applicants with 5 to 10 years of service, the grant amount is $6,000, and if an applicant’s partner is also eligible for the program, the maximum amount is $9,500.
- These levels increase to $8,000 for 11-14 years of service, $10,000 for 15-19 years of service, and $20,000 for 20 or more years of service. For applicants with eligible spouses, amounts are $12,500 for 11-14 years of service, $15,500 for 15-19 years of service, and $26,500 for 20 or more years of employment.
More information about the program and the application process is available on the Department of Housing and Community Development’s website. Applicants may also qualify for other city programs that provide loans and grants to homebuyers, including the Home Purchase Assistance Program described in Part 1 of our series and the Employer Assisted Housing Program detailed in Part 2.