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Manna is administering the CityLIFT program funded by the Wells Fargo Foundation and NeighborWorks America, which provides $20,000 in down payment assistance funds to eligible homebuyers who are purchasing a home within Washington, DC and Prince George's County, MD. No repayment of these funds is required as they are structured as a "soft second" mortgage that is forgiven over a five-year period. These funds can also be layered with other down payment assistance programs, like HPAP, EAHP, etc.
The DC CityLIFT program kicks off with an event at the DC Convention Center on October 5 and 6. The down payment assistance funds are on a first-come, first-served basis.
There will be a home tour as part of the event; homes up to $417,000 will be featured. REALTORS® can upload properties they have listed for tour consideration. Properties should be uploaded by Thursday, September 27.
Homebuyers should register at Manna's website
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Are you a DC member and resident having problems receiving DCAR e-mails? Let us know. Contact Debbie Bell at dbell@gcaar.com for details on how to stay informed.
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