Featured Speech: Attracting Millennial Homeowners to the City through DC Open Doors Program

Image: DC Housing Finance Agency

Image: DC Housing Finance Agency

On November 10, I joined DC Deputy Mayors Brian Kenner and Courtney Snowden, DC Councilmember Anita Bonds, along with DC Housing Finance Agency Executive Director Todd Lee, to celebrate the 3rd anniversary of the DC Open Doors Program. 

As part of my 10-part blog series for Fannie Mae's The Home Story about my personal home buying experience, I wrote about the DC Open Doors program in the piece City Living and the Housing Finance AgencyIn my speech, I spoke about my 10 year experience in Washington, DC and how I reluctantly came to research the steps to becoming a homeowner. The importance of this program truly shines through on how it is designed for the modern, post-recession world. With financial barriers like student loans and low savings, homeownership can quickly become a complicated topic for Millennials. But, the real clincher for me was the DC Open Doors program down payment assistance. Allowing me to close the gap and transition from renting to owning. 

The most important part of my speech was the responsibility of all housing industry stakeholders to ensure financial preparedness information and resources be readily available and accessible. And I hope to continue to contribute to this narrative.