Steps to Your Home

Homeownership Program 

Meeting individual needs to guide people towards homeownership

The homeownership services of LEDC help families in the DC metro area obtain prime mortgages and keep their homes. LEDC prepares prospective buyers through a variety of homebuyer education services. In addition, LEDC works with current owners to prevent foreclosure.

Home Purchase Assistance Program. Prospective home buyers can access down payment and closing cost assistance through the Home Purchase Assistance Program (HPAP) and receive a no-interest loan of up to $40,000.

Home Purchase Counseling. Housing counselors offer no-nonsense advice tailored to individual needs on topics ranging from personal credit to how to choose a realtor.

Homebuyer Education. LEDC offers group education on topics ranging from HPAP to credit to home purchase throughout the city. 

Foreclosure Prevention. To prevent foreclosure, LEDC works with buyers to become mortgage-ready and market-savvy before entering into a mortgage contract with a bank. Additionally, we offer counseling and intervention for individuals who are struggling to keep their homes.

Individual Development Accounts. Matched savings accounts help prospective home buyers accrue savings for down payment and closing costs.