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Mayor Bowser and EagleBank to Announce Mortgage Loan Product to Help District Employees Achieve Homeownership

Monday, June 10, 2019

Washington, DC – Today, at 11:30 am, Mayor Muriel Bowser and EagleBank President and CEO Susan Riel will announce an exclusive mortgage loan program designed to help District Government employees achieve homeownership in the District of Columbia.

The program will serve as a complement to existing homeownership assistance programs such as the Employer-Assisted Housing Program (EAHP) and Home Purchase Assistance Program (HPAP), which both offer a deferred, 0% interest loan to help with down payments, as well as closing cost assistance, to low- and moderate-income first-time homebuyers. EHAP is only available to eligible District government employees.

When:

Monday, June 10, at 11:30 am

Who:

Mayor Muriel Bowser
Susan Riel, President and CEO, EagleBank
Brian T. Kenner, Deputy Mayor for Planning and Economic Development
Bobby McAdams, Information Technology Specialist, DC Department of Motor Vehicles

Where:

Eagle Bank
1425 K Street, NW
*Closest Metro Station: McPherson Square Station*

All reporters and other media interested in attending the event are asked to RSVP to [email protected]. To view the event online, visit mayor.dc.gov/live or tune in on Channel 16 (DCN).