The District Department of Housing and Community Development, in partnership with the Greater Washington Urban League, will celebrate National Homeownership Month by hosting the 5th annual D.C. Housing Expo "Welcome Home."
The expo is slated for Saturday, June 1 at the Walter E. Washington Convention Center in Northwest, and will provide resources for all District residents -- including information for renters, homeowners, potential homeowners, landlords and residents facing foreclosure.
Expo components include:
Exhibit Hall - Approximately 75 vendors will be on hand to discuss housing related services. Exhibitors will include but are not limited to: federal and local government agencies, community-based organizations, utility companies, contractors, banks, lenders, mortgage servicers, realtors and developers.
Foreclosure Counseling - Attendees will have an opportunity to speak with lenders and certified housing counselors on a one-on-one basis to discuss options available when facing foreclosure.
Credit Counseling - Free credit reports will be provided, and attendees will be able to discuss ways to improve credit with certified counselors.
Workshops - A range of workshops, from homeownership 101 (English and Spanish), healthy cooking classes, do-it-yourself home repair classes, avoiding foreclosure, and credit repair tips will be offered.
Developers Showcase - New housing opportunities for new residents and Government Employees.
Financial Realty Fair for High School-age Students - The Financial Reality Fair is a 2.00 hour (approximate time), hands on experience where students, after identifying their career choice and starting salaries, are provided a budget sheet requiring them to live within their monthly salary while paying for basics such as housing, utilities, transportation, clothing and food.
House Lottery - The Department will host two lotteries at this year's housing expo.
The first option to purchase will be awarded by lottery, to a purchaser whose annual income is at 50% or below the Area Median Income. The applicant must qualify and secure a mortgage for 50% of the homes appraised value ($141,000). Click here for a full listing.
A second property will be awarded by lottery to a purchaser whose annual income is between 51-80% of the Area Median Income. The applicant must qualify and secure a mortgage for 50% of the homes appraised value ($190,000). Click here for a full listing.