Housing Stabilization Grants (HSG) | District of Columbia Housing Finance Agency

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State Agency	District of Columbia Housing Finance Agency
Program Name	Housing Stabilization Grants (HSG)
Program Description	A new program established to provide financial relief for government-financed (federal, HFA, or local) rental property owners who have experienced a loss of income resulting from the COVID-19 pandemic. A separate DC agency administers a set-aside for the program.
Program Website	dchfa.org
Program Status	Accepting Applicants
Start Date	12/01/2020
Eligibility Criteria	• Eligible properties are those financed with HFA, or other federal or local affordable housing funds • No limit on household income for participation but must have occupied the unit since March 1, 2020 • Units with $2,500 maximum rent. • Landlord/owner must forgive outstanding back rent not covered by the grant from April 1 through November 30, 2020. • Households in covered units must not have been recipients of any other rental assistance program for the months for which assistance is provided under this program
Eligible Activities	Rent arrearages
Direct Recipient of Assistance	Landlord
Administration Structure	DC HFA directly processes applications and distributes grants.
Maximum Length of Assistance	One-time payment
Maximum Assistance Available Per Household	80 percent of rent, up to $2,000 a month
Household Contribution Requirements	None
Total Applications as of Date	65
Total Household Recipients of Assistance as of Date	0
Funding Source	Coronavirus Relief Funds (CARES Act)
Total Funding Amount of Program	$9,000,000.00
Date of Entry or Changes	12/11/2020

The program listings on this page are provided as a free service to policy makers, state agencies, and the public at large. The information above is based solely on information provided to NCSHA by its state Housing Finance Agency and associate members and is provided “as is” without warranty of any kind. NCSHA is not responsible for inaccurate or out-of-date information and does not accept responsibility or liability for the accuracy, content, completeness, or reliability of the information contained herein. NCSHA will continue to update this page as it becomes aware of new programs or changes to information above.