Homes By CFE, formerly known as City First Homes, is a nonprofit lender based in Washington, DC, dedicated to helping low to moderate-income borrowers achieve affordable homeownership. Through their Down Payment Assistance (DPA) Program, they provide necessary funds to assist borrowers in making a down payment, reducing upfront costs and avoiding mortgage insurance. With a focus on African American, Black, and Hispanic Latinx households, Homes By CFE aims to bridge the homeownership gap in the DC area.
As a subsidiary of City First Enterprises, Homes By CFE operates under the values of transparency, equity, and responsibility. They offer support to program participants through program eligibility guidance, loan terms, and additional resources to help borrowers become mortgage-ready. By providing innovative financial solutions, Homes By CFE strives to create positive outcomes for generations of families in need of affordable housing.
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