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The District provides mortgage assistance to homeowners during the COVID-19 public health emergency. You may be eligible if your income was affected by the emergency and you’ve been unable to pay some or all of your mortgage payments since April 2020. 1. Learn about this resource. Homeowners can receive a forgivable loan if they’ve fallen behind on their mortgage, property taxes, or other fees that come with owning a home because they’ve become unemployed, had their hours reduced, or experienced an involuntary loss of income. You can receive up to $60,000 to help you catch up on past mortgage payments, property taxes, homeowner association fees, insurance, or other housing-related fees. You can also use the loan to pay your mortgage through December 31, 2021. The application deadline was May 14, 2021, and the program is not accepting new applications . This program is called HomeSaver and is offered by the DC Housing Finance Agency. 2. Check if you are eligible. You may be eligible if all of these statements are true: You own the home that you live in. You live in DC. You do not live in a housing cooperative (that’s when you own a share of a building rather than just one unit). You owe up to $60,000 on past mortgage payments, property taxes, homeowner association fees, insurance, or other housing-related fees. Or, you can show that you will be able to pay any overdue payments over $60,000. And if one of these statements is true: You’ve received unemployment benefits in the last 12 months. Your income has been reduced by at least 10% in the last 12 months. For example, maybe your hours have been cut back significantly or you took a new job with significantly lower wages. Your spouse or co-borrower passed away. You experienced a medical event that prevented you from working or required you to spend a significant amount of money on medical bills. You and your spouse divorced. You have a disability. Depending on your circumstances, there may be some additional requirements that a housing counselor can check with you after you apply. get help paying your mortgage, taxes, and other fees for your home? DO YOU WANT TO This resource is provided by: አማርኛ 中文 Français 한국어 Español Tiếng Việt Note: This program is no longer available. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Keywords: mortgage assistance, homeowners, COVID-19 public health emergency, lost income, lost job, hours reduced, unemployed, financial hardship, laid off, fired, falling behind, underwater, late payment, stay in your home, loan relief This page was last updated April 2022. HomeSaver Translations

The District provides home buyers with a deferred loan to assist with down payment and closing costs. You may be eligible if you meet certain credit and income requirements. 1. Learn about this resource. Prospective homebuyers can receive a loan to help with their down payment and closing costs. The repayment of the loan is deferred, meaning that you don’t have to repay the amount until 30 years later, when you move, when you sell the home, or when you refinance—whichever happens first. When homebuyers receive this loan, their mortgage is financed through the DC Housing Finance Agency. The down payment loan covers the gap between the home’s purchase price and the amount you’re approved to borrow for your mortgage. Residents can receive either 3% or 3.5% of the sale price or appraised value for their home (whichever is lower) to be used for down payment or for closing costs . This program is called DC Open Doors and is offered by the DC Housing Finance Agency. 2. Check if you are eligible. You are eligible if all of these statements are true: You have a minimum credit score of 640. Your yearly gross income—your income before paying taxes—is at or below $1 99,200. This includes money from working, government assistance, child support, and any other sources for everyone who will be listed as a borrower on the mortgage. Your debt-to-income ratio is less than 50%. This means that your monthly debt payments (such as car payments, minimum due on credit card balances, and student loan payments) are less than half of your monthly income. You are purchasing a single-family home, condominium, or other property with up to four units (such as a duplex) in DC to live in as your main residence. You do not own a home when you apply for the program. Your mortgage loan is a maximum of $726 ,200 (there is no maximum sales price limit) You do not need to be a current DC resident or a first-time homebuyer to apply. get down payment and closing cost assistance up to 3.5% of your home price? DO YOU WANT TO This resource is provided by: አማርኛ 中文 Français 한국어 Español Tiếng Việt How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Keywords: homebuying assistance, deferred loan, down payment, closing costs, title fees, homeowner's insurance, credit score, income limits, mortgage, buying a home, homebuyer, first-time homeowner This page was last updated May 2023. Open Doors Translations

DC Government helps residents find resources to help them with a variety of financial situations, such as support after losing a job, paying off debt, and protection from scams. This service is open to all DC residents. 1. Learn about this resource. Residents can connect to a financial navigator, a live person who will guide you to local and national resources to help you: Budget to pay for living expenses Get supplemental income after a job loss Make a plan to pay off debt Look for protection from scams Find childcare, older adult services, or immigrant services Figure out how to plan for your financial future This free service is called Financial Navigators and is offered by the Department of Insurance, Securities and Banking, in partnership with the United Planning Organization, a local nonprofit. 2. Check if you are eligible. You are eligible if you live in DC. talk to someone about your financial questions? DO YOU WANT TO This resource is provided by: አማርኛ 中文 Français 한국어 Español Tiếng Việt Note: This program is no longer available as of September 30, 2022. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Keywords: phone, banking, savings, credit, unemployment, caretaking, financial planning This page was last updated October 2022. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Navigators Translations

DC Government offers homeowners the option to delay paying their property taxes. You may be eligible if you meet the income requirements. 1. Learn about this resource. Senior residents 65 years or older with income below $50,000 are eligible to defer all property taxes. An interest rate of 6% is charged on property tax deferrals. If you are 75 years or older, you have household interest and dividend income less than $12,500, and have owned a house in DC for 25 years or more, you are not charged any interest. You can defer the taxes until you move, sell the property, or deferred 25% of the property’s value—whichever comes first. Then, all of your deferred taxes will be due within 5-30 days, depending on the event. This program is called the Property Tax Deferral Program and is offered by the Office of Tax and Revenue. 2. Check if you are eligible. You are eligible if all of these statements are true: You own at least 50% of the home that you live in. Your home is in DC. You are 65 years or older. You have owned and occupied your home for at least one year before applying. Your household’s yearly federal adjusted gross income—is less than $50,000 . Check eligibility below: pay your property taxes at a later date? DO YOU WANT TO How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. This resource is provided by: Keywords: homeowners, delay paying my property taxes, income limits, elderly, elder, senior citizen, disabiliy check, defer taxes This page was last updated January 2023. አማርኛ 中文 Français 한국어 Español Tiếng Việt Deferral Translations

The District provides mortgage assistance to homeowners during the COVID-19 public health emergency. You may be eligible if your income was affected by the emergency and you’ve been unable to pay some or all of your mortgage payments since April 2020. 1. Learn about this resource. Residents can get an interest-free loan to pay their mortgage for up to six months during the coronavirus (COVID-19) public health emergency. We—DC Government—offer a loan to cover up to $5,000 of your mortgage payment to a lender or loan servicer (including your principal, interest, taxes, and insurance). If you pay your property taxes directly to DC Government or your homeownership insurance directly to your insurer, this loan will not cover those. You can receive the loan each month for up to six months . You will start repaying the loan 30 days after you stop receiving assistance, and you’ll have 3 years to repay the full amount. This program is called the District of Columbia Mortgage Assistance Program (DC MAP) COVID-19 and is offered by the DC Housing Finance Agency. 2. Check if you are eligible. You are eligible if all of these statements are true: Your income was reduced as a result of the public health emergency. You own the home that you live in. Your home is in DC. You are listed as a borrower on your mortgage. Your monthly mortgage payment, including your principal, interest, taxes, and insurance, is $5,000 or less. You’ve been unable to pay all or some of your mortgage payments since April 1, 2020. You were up-to-date on your mortgage payments, including the one due on March 1, 2020, before the public health emergency. That means you paid the payment due on March 1, 2020 before March 30, 2020. Your loan is not eligible for assistance from your lender or loan servicer. If there are multiple borrowers on your mortgage, at least one borrower must be eligible based on the statements above. get help paying your mortgage during COVID-19? DO YOU WANT TO How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. This resource is provided by: Keywords: relief, foreclosure, overdue, unemployed, job loss, laid off, fired, income loss This page was last updated July 2022. አማርኛ 中文 Français 한국어 Español Tiếng Việt MAP Translations

DC Government helps residents save money toward buying a home, going back to school, starting a small business, or another goal by providing up to $6,000 in matched savings. Your household may be eligible if your income is below the program limits. 1. Learn about this resource. Residents save at least $25 each month in a special bank account. We—DC Government—match every dollar you save with an additional $4 in matched savings. When you save up to $1,500 over 6-18 months, you can receive up to $6,000 in matched savings, turning your $1,500 into $7,500 . You can use your savings for college, continuing education, job training, buying a home for the first time, or starting a small business. This program is called Opportunity Accounts and is offered by the Department of Insurance, Securities and Banking (DISB). 2. Check if you are eligible. You are eligible if all of these statements are true: You live in DC You currently have a source of earned income. That’s money you make from working. You have less than $10,000 in net assets, not including your car or home. Other assets include money you have in a bank account, retirement savings, bonds, stocks, or valuable things you own. To estimate your net assets, add up your assets and then subtract any debts you have to credit card companies or other lenders. Do not subtract your mortgage or car loan. Your household’s annual gross income—your income before paying taxes—is at or below the limits based on your household size. You can check by answering the two questions below. save money toward a goal? DO YOU WANT TO How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. This resource is provided by: Keywords: savings account, match savings, withdraw, credit, interest, goals This page was last updated August 2024. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. አማርኛ 中文 Français 한국어 Español Tiếng Việt Opportuntity Translations Note: This program is being updated and is not currently available. It will relaunch in Fall 2024.

The DC Government offers rebates for residents who install rain gardens to reduce polluted water getting into our rivers. You may be eligible if you own or rent a property in DC. get a rebate for a rain garden to reduce polluted water in our rivers? DO YOU WANT TO 1. Learn about this resource. Residents can receive a rebate when they help reduce polluted water from getting into our rivers by installing rain gardens at their home in DC. Rain gardens collect rainwater and filter out pollution. We—DC Government—offer a one-time rebate of $41 per square foot of garden area up to $3,000 and not more than the cost of your rain garden. This program is called RiverSmart Rebates and is offered by the Department of Energy & Environment, in partnership with Alliance for the Chesapeake Bay (or the Alliance for short), a local nonprofit. 2. Check if you are eligible. You are eligible if you own or rent a residential or commercial building in DC. You don’t need to live in DC to apply, as long as the property you’re applying for is in DC and you appoint someone to take care of the garden. This resource is provided by: አማርኛ 中文 Français 한국어 Español Tiếng Việt How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Keywords: landscaping, homeowners, renters, business owners, nonprofits, community-based organizations, churches, temples, mosques, apartment buildings, reimbursement, reduce pollution, polluted water, sustainability, refund, discount, green home This page was last updated May 2024. Garden Translations

DC Government provides interest-free loans and/or closing cost assistance to homebuyers in the District. You may be eligible if you are a first-time home buyer and your household meets the income requirements. get financial assistance to buy a home? DO YOU WANT TO This resource is provided by: አማርኛ 中文 Français 한국어 Español Tiếng Việt 1. Learn about this resource. Prospective homeowners can receive a loan up to $202,000 in financing assistance and up to an additional $4,000 in closing cost assistance in the form of a loan. The amount of assistance and length of the loan deferment period is determined by your income and household size. This program is called the Home Purchase Assistance Program and is offered by the District of Columbia Department of Housing and Community Development. 2. Check if you are eligible. You are eligible if all of these statements are true: You are a first-time homebuyer. You do not have ownership interest in any residential real estate within the past three years before applying. Your annual gross household income is at or below the maximum limits for your household size. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Keywords: interest-free loan, first-time homebuyer, income limits, homebuying assistance, down payment, closing costs, title fees, homeowner's insurance, credit score, income limits, mortgage, buying a home, mortgage assistance, homeownership This page was last updated August 2024. You do not need to be a current DC resident to apply for the program. However, preference is given to DC residents. HPAP Translations

Who is behind Front Door? Who's behind this website? Who created this website? The creation of Front Door was a collaboration between The Lab @ DC and the Office of the Deputy Mayor for Planning and Economic Development (DMPED) along with 14 District agencies, several local partners, and, of course, you, District residents. Here, we’d like to recognize their immense contributions (in alphabetical order): DC government and local partner staff : These are the people who run, day-in and day-out, the 50+ resources you can find on Front Door. The DC government and local partners listed below have mapped out the resident experience for each resource, provided feedback on the resource pages, identified potential pitfalls, recruited their colleagues and clients to test forms and the website, advised on the web build, and coordinated the translation of the site into six languages. አማርኛ 中文 Français 한국어 Español Tiếng Việt Who maintains this website? The DC Office of the Deputy Mayor for Planning and Economic Development , in coordination with the 11 District agencies who run the resources on Front Door, maintains the site. Each resource page lists the last date it was updated at the bottom. As new resources are created and as eligibility criteria, benefits, and application processes change, you can expect to see the new information on Front Door, thanks to the work of DMPED. This page was last updated November 2021. Office of the Deputy Mayor for Planning and Economic Development : DMPED contributed their expertise in the landscape of homeownership programs and the challenges in housing affordability in DC. We’d like to recognize the contributions of current and past staff at DMPED who helped develop the project plan, coordinate between the many agencies involved in the project, and come up with prototypes of the website. The Lab @ DC : The Lab @ DC led the development of Front Door. We’d like to recognize the current and past staff at The Lab who talked to government partners, local nonprofits, and residents to understand how these services are provided and mapping the process from start to finish. They drafted the plain language content and step-by-step instructions you see here on the website, redesigned forms, tested everything with users, built the website, and tested again. And again. You, DC residents, and other users : As of September 2021, more than 160 people tested Front Door and the forms we redesigned as part of the project. You tested in-person (pre-COVID) at local nonprofits where you were seeking the resources featured on Front Door, you joined us on video calls after receiving services from our government partners, you were compensated to test the website through usertesting.com, and you volunteered to test the beta version of the website. You are current or future homeowners, young, old, new to DC, and native Washingtonians. You use screen-readers, experience color-blindness, and speak English as a second language. Please, keep sending us your feedback. DC government: DC Housing Finance Agency Department of Aging and Community Living Department of Buildings Department of Energy and Environment Department of Healthcare Finance Department of Housing and Community Development Department of Insurance, Securities, and Banking Department of Licensing and Consumer Protection Department of Public Works Mayor's Office of Community Affairs Office of the Chief Technology Officer Office of the Deputy Mayor for Education Office of Planning Office of Tax and Revenue Office of the Tenant Advocate Office of Victim Services and Justice Grants Local partners: Alliance for the Chesepeake Bay Casey Trees DC Sustainable Energy Utility (DCSEU) DesignGreen EagleBank Housing Counseling Services Landed Acknowledgment Translations

This page includes resources to find shelter for tonight and a safe place to stay during extreme weather. resources for someone who needs a place to stay I'm looking for Where can someone find a place to stay tonight? To help residents feel as comfortable as possible during a hard time, there are many types of shelters available: Individuals looking for emergency shelter can refer to this page on how to access shelter . Young adults between the ages of 16 and 24 can find several shelters on DC Government’s resource page, including places that support LGBTQ+ individuals as well as pregnant/young mothers. Youth between the ages of 11 and 17 looking for shelter can call the Safe Place Hotline at (202) 547-7777 or go to Sasha Bruce House . Families looking for shelter should visit Virginia Williams Family Center or call the DC Shelter Hotline at (202) 399-7093 , 24 hours a day, 7 days a week. I need to talk to someone. Who can I call? If this is a life-threatening emergency, call 911. If you need help getting food or shelter immediately, call the DC Shelter Hotline, open 24 hours a day, seven days a week at (202) 399-7093 . The hotline is staffed by the United Planning Organization and has information on how to find shelter or how to get a free ride to a heating or cooling center during extreme weather. Minors (from ages 11-17 years old) can also call the Safe Place hotline at (202) 547-7777 . This hotline is open 24 hours a day, seven days a week and is staffed by the Sasha Bruce Youthwork organization. You can also call 311 to request city services and information about emergency shelters. አማርኛ 中文 Français 한국어 Español Tiếng Việt Where can someone find a place to cool off or warm up during extreme weather? Individuals that are looking for a place to shelter from extreme weather should call the DC Shelter Hotline at (202) 399-7093 or dial 311. The hotline has information on how to get a free ride to a cooling or warming center. Centers are often located at recreation centers, public schools, or churches. I have a question that’s not covered here. Who can I contact? You can reach out to the DC Shelter Hotline at (202) 399-7093 , 24 hours a day, 7 days a week. This page only covers resources available through us—DC Government—and our contractors. It was last updated in November 2021. Keywords: Shelters open near me, where are homeless shelters, bad weather, inclement weather, where to find shelter, experiencing homelessness, on the streets Homelessness Translations

This page includes information on how homeowners can create a rental unit on their property in DC. How Do I Create a Rental Unit On My Property? አማርኛ 中文 Français 한국어 Español Tiếng Việt This resource is provided by: How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. Most single family homes in the District of Columbia are allowed to have a rental unit. Rental units are typically in the basement or backyard of the property. They’re sometimes called accessory dwelling units or two-family flats, depending on the zoning rules for your home. All rental units must have a separate entrance, as well as permanent rooms and appliances for living, sleeping, eating, cooking, and sanitation. Keywords: homeowners, rental unit, rent my home, rent out, how to rent out my house, extra income This page was last updated May 2023. Rental Unit Translations

The District provides homeowners with financial assistance to repair their roof or eliminate barriers to accessibility. You may be eligible if you own a home in DC. 1. Learn about this resource. Residents can get up to $60,000 in grants to assist with roof repairs and accessibility modifications of their home. Up to $30,000 can be awarded to repair a water-damaged or structurally-compromised roof. Up to $30,000 can be awarded to make accessibility modifications for a household member with a mobility or physical impairment. This program is offered by the Department of Housing and Community Development and is called the Single Family Residential Rehabilitation Program. 2. Check if you are eligible. You are eligible if all of these statements are true: You own a home in a building with four units or fewer. Your home has been your primary residence for the past three years or more. You have homeowners insurance for your home. You are a DC resident. You are up to date on your District and federal taxes. You have a credit report that shows you are current on your mortgage payments for the past 12 months. Your yearly gross household income is at or below the maximum limits for your household size. Check below. repair your roof and make your home more accessible? DO YOU WANT TO How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. How do I apply? Email Capital Area Asset Builders (or CAAB), a nonprofit organization that partners with DC Government to run this program, at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. If it’s easier, you can call CAAB at (202) 419-1440. CAAB will send you an application form. Send the form back to CAAB by email. You’ll also need to provide documentation, including your two most recent pay stubs and the most recent tax return for anyone in the household with income from working. Applications are accepted on a rolling basis until the program has reached capacity. If there are no available slots, CAAB will put you on the waitlist. Applicants on the waitlist will be contacted when more funding becomes available. What happens after I apply? Within 5 business days, CAAB will notify you by email to let you know if your application is accepted or not. If you’re approved, CAAB will schedule a time for you to meet or talk on the phone with a financial counselor. The financial counselor will provide advice tailored to you and work with you to name a goal for your savings. You will also need to sign an agreement for your participation in the program and complete a survey about your financial situation. CAAB will create a savings account with Citibank, owned by both you and us—DC Government. You will contribute at least $25 a month to your new savings account for 6-18 months. You can contribute in person at the bank or by setting up an automatic deposit from your paycheck. When you’re ready to withdraw the funds, we will match your savings with $4 for every $1 you deposit. You can save up to $1,500 over 6-18 months to receive up to $6,000 in matched savings, for a total savings of up to $7,500. You will use your matched savings towards the goal that you chose earlier in the process! Are there any additional requirements I should know about? You must make a minimum deposit of $25 each month. You must contribute monthly to the savings account for at least six months within 18 months of opening it. You must receive financial coaching before withdrawing from your matched funds. You can take the money out of your account after you’ve reached your savings goal or if you are approved for an emergency withdrawal. Your savings must go toward: Purchasing a home in DC as your primary residence Launching a small business in DC for yourself or for your spouse, domestic partner, father, mother, child, or dependent Post-secondary educational costs, such as college, trade school, or other classes at an institution of higher education for yourself or for your spouse, domestic partner, father, mother, child, or dependent Job training costs with an accredited or licensed program for yourself or for your spouse, domestic partner, father, mother, child, or dependent Major repairs or improvements to the home you live in Costs associated with a medical emergency that aren’t covered by insurance Saving for retirement Paying for costs and expenses that come up during retirement Who should I contact if I have questions? First, take a look at the frequently asked questions at the bottom of the page. If you still have questions, please reach out to Capital Area Asset Builders by phone at (202) 419-1440 or via email at DCOpportunity@caab.org with the subject line “DC Opportunity Account”. I'm not eligible, but I need help with my finances. What should I do?" You can find information about other resources that might help on our [issue] resources page. Frequently Asked Questions Is this a program run by the DC government? Yes. We—DC Government—partner with Capital Area Asset Builders, a nonprofit organization whose mission is to create opportunities for individuals with low and moderate incomes in DC to build financial security. Can I make an emergency withdrawal from my account? Yes. You can make one emergency withdrawal while you’re saving in the account. If you need to pay for medical emergency costs not covered by insurance or for health insurance premiums in the event of a sudden, unexpected loss of income, you can make an emergency withdrawal that includes your own funds, as well as DC matching funds. These withdrawals do not need to be repaid, but you must resume regular deposits within 90 days. If you need to make an emergency withdrawal for another reason, including to prevent an eviction and to help with living expenses following loss of employment, you may withdraw your own funds only and must repay your account within 12 months. Is it possible to build credit using this account? No, unfortunately, because this is an account co-owned by you and us, depositing in this account won’t improve your credit score. I want to use my savings toward buying a home. Do I need to notify the program? Yes. You will need to live in the home, and it must be located in DC. Can I save more than $1,500 in the savings account? Yes. You can save more than $1,500, but the program will only provide a match of up to $6,000. Any funds that you contribute after the amount of $1,500 will not be matched. We still encourage you to save as much as you can! In addition to the match, will the money I put in the savings account earn interest? A typical savings account lets you store cash securely with a bank and earns interest on the money you save. This special savings account does not earn interest, but the match from us is much larger than the typical interest rate would offer. If I have participated in the program before and received a match, can I participate again? There is more interest in the program than spots available, so we are only able to accept applicants participating for the first time. This resource is provided by: Keywords: homeowners, financial assistance, repair my roof, make my home more accessible, accessibility, physical disability, elderly, old, age-in-place, senior citizen, renovate, chair lift, stairlift, ramp This page was last updated January 2023. አማርኛ 中文 Français 한국어 Español Tiếng Việt SFRRP Translations