City First Homes

Making Homeownership Accessible

Learn about Homes by CFE

City First Homes makes homeownership a reality

City First Homes helps low to moderate-income borrowers leave the cycle of renting and achieve stable, affordable homeownership. By supporting borrowers with necessary funds for down payment assistance, program participants can reduce monthly mortgage payments, avoid the added cost of mortgage insurance, and expand their purchasing power. We help make homeownership a reality for those who typically would not be able to realize this dream. As nonprofit lenders, we are guided by the values of transparency, equity, and responsibility.

City First Homes developed the Homes by CFE program as a Special Purpose Credit Program designed to benefit low to moderate-income African American / Black / and Hispanic / Latinx communities to increase homeownership in the nation’s capital. Learn more about Special Purpose Credit Programs here.



How can we help you?

Homes by CFE

Do you identify as African American / Black or Hispanic / Latinx? Are you interested in becoming a homeowner? Click here for info on program eligibility, loan terms, and the support we provide.

Homes by CFE Program Guide

Legacy Shared Appreciation

Are you a homeowner through the original CFH program? If you purchased your property before January 30, 2022 get info on program changes, resale notifications, and more.

Legacy Program Information


The D.C. Metro area is a high-cost market and the majority of Black/African-American and Hispanic/Latinx  residents are priced out of the market.



Innovative Solutions to Close the Homeownership Gap

City First Homes was created with seed funding from the D.C. government to expand homeownership opportunities in the District of Columbia. Our Legacy Shared Appreciation Program featured subsidized prices that put homeownership within reach for low- to moderate-income D.C. residents. Market conditions have since evolved, and borrowers have been seeking new solutions. CFH has responded with Homes by CFE, an innovative down payment assistance program that focuses on helping Black/African American and Hispanic/Latinx borrowers purchase homes and build home equity. Our commitment is the same — increasing homeownership in the nation’s capital.


Mission + Background