Homebuyer assistance programs

Financial aid, tax credits and rebates, for first-time and low-income homebuyers

Find general guidelines as well as state specific information that may affect your closing and closing costs. If you want to calculate your closing costs, please request an instant quote.

Homebuyer links

Discover external links to websites with valuable information. You may also visit our homebuyer assistance section to learn about home-affordable opportunities, including programs that help with closing costs and down payment as well as incentives and tax abatement programs.

D.C. Tax Credit

The Taxpayer Relief Act of 1997 (the "Act"), was signed by the President on August 5, 1997. Taxpayers who have not recently owned a home in the District may be eligible for a one-time tax credit of up to $5,000 of the amount of the purchase price against federal income tax.  

D.C. Tax Abatement

The DC Tax Abatement Program provides an exemption from the DC 1.1% Recordation Tax and an allowable credit from your seller(s) of 1.1% equal to the DC Transfer Tax. Additionally, the program provides a five-year real estate tax abatement that begins October 1 following...

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