54th Street is an Affordable Ownership Opportunity. An affordability covenant and maximum income limits apply. Purchasers must have a minimum household size of 3 and household income between 30-80% MFI. Family size Minimum income (30% of MFI) Maximum income (80% of MFI) 3 $44,300 $118,008 4 $49,200 $131,120 5 $53,150 $141,610 6 $57,150 $152,099 7 $61,010 $162,589 Purchasers must meet all of the following First-time homebuyer; no real estate ownership in the last 3 years. Minimum household size of 3. No household member may be on the sex offender registry. Primary residency, or at least one applicant with full-time employment for 12 months or more, in DC, Alexandria, Falls Church, Fairfax, Fairfax County, or Arlington County. Total household income must fall between 30-80% MFI as defined annually by HUD; the source page notes the 2025 limit was $154,700. Applicants must meet at least one need-based requirement Unsafe surrounding environment. Temporary housing. Subsidized housing or housing voucher participation. Overcrowding. Rent burden, meaning more than 30% of monthly income paid toward rent. Heating, electrical, plumbing, or structural deficiencies. Ability to pay For wage or salary income, 2-year work history with at least 6 months at the current employer; employment gaps must be explained. For self-employment, 2 years of documented stable income, with the last 6 months in the same line of work. Income must reasonably be expected to continue for 3 years or more. Credit reports must be free of unpaid collections, judgments, and liens. No bankruptcy in the last 3 years and no foreclosure in the last 7 years. Tri-merge middle credit score of 620 or higher. Must qualify for non-subprime or approved alternative third-party financing. Total debt-to-income ratio, including the new housing cost, must be under 43% of monthly income. Must show at least $2,000 in current bank statements, no overdrafts in the last two months, and bank statements or proof of assets not exceeding 10% of fair market value.

Steps To Buy 54th Street Watch Orientation Video & Review Eligibility Requirements. Review the 54th Street orientation video and purchaser qualifications. View the unit. Meet with the Habitat DC-NOVA team to see the home and ask questions about the unit and homeownership program. Open houses. The source listing shows open houses on Sunday, May 10, 2026 from 1:00-3:00pm and Sunday, May 17, 2026 from 1:00-3:00pm. Complete Habitat DC-NOVA Application. Download the HFH DC-NOVA Homeownership Application. Obtain pre-approval. Applications are processed when fully complete; buyers are encouraged to obtain pre-approval from a lending institution. Complete education and partnership requirements. Habitat homebuyers complete financial education and volunteer/sweat equity hours as part of the program. Questions? Email Eli Echavarria, Family Services Coordinator, at eli.echavarria@habitatdcnova.org and reference 54th Street.

227 54th Street NE, Washington, DC 20019

Currently accepting applications.

$299,000

Affordability covenant and maximum income limits apply. Minimum household size is 3, and income must be within the 30-80% MFI range.

3 Bedrooms

1 Bathrooms

1,476 Square Feet

Property Information

Welcome to 54th Street, an affordable, refurbished single-family townhome opportunity in DC. Located in Grant Park, this 3-bedroom, 1 bathroom home features a new HVAC system, kitchen countertop and cabinets, appliances, and flooring! Enjoy comfort, style, and affordability in this vibrant DC community.

Located in Grant Park, this single-family refurbished townhome has access to various schools, markets, parks and more. Habitat was able to renovate this home that is already in a prime location with the Capital Heights Metro within a mile. This house can accommodate between 3-7 people, at the 30-80% MFI range. This home also comes with a parking space in the rear.

FAQs

Who Can Qualify

54th Street is an Affordable Ownership Opportunity. An affordability covenant and maximum income limits apply. Purchasers must have a minimum household size of 3 and household income between 30-80% MFI.

Family size	Minimum income (30% of MFI)	Maximum income (80% of MFI)
3	$44,300	$118,008
4	$49,200	$131,120
5	$53,150	$141,610
6	$57,150	$152,099
7	$61,010	$162,589

Purchasers must meet all of the following

First-time homebuyer; no real estate ownership in the last 3 years.
Minimum household size of 3.
No household member may be on the sex offender registry.
Primary residency, or at least one applicant with full-time employment for 12 months or more, in DC, Alexandria, Falls Church, Fairfax, Fairfax County, or Arlington County.
Total household income must fall between 30-80% MFI as defined annually by HUD; the source page notes the 2025 limit was $154,700.

Applicants must meet at least one need-based requirement

Unsafe surrounding environment.
Temporary housing.
Subsidized housing or housing voucher participation.
Overcrowding.
Rent burden, meaning more than 30% of monthly income paid toward rent.
Heating, electrical, plumbing, or structural deficiencies.

Ability to pay

For wage or salary income, 2-year work history with at least 6 months at the current employer; employment gaps must be explained.
For self-employment, 2 years of documented stable income, with the last 6 months in the same line of work.
Income must reasonably be expected to continue for 3 years or more.
Credit reports must be free of unpaid collections, judgments, and liens.
No bankruptcy in the last 3 years and no foreclosure in the last 7 years.
Tri-merge middle credit score of 620 or higher.
Must qualify for non-subprime or approved alternative third-party financing.
Total debt-to-income ratio, including the new housing cost, must be under 43% of monthly income.
Must show at least $2,000 in current bank statements, no overdrafts in the last two months, and bank statements or proof of assets not exceeding 10% of fair market value.

How to Apply

Steps To Buy 54th Street

Watch Orientation Video & Review Eligibility Requirements. Review the 54th Street orientation video and purchaser qualifications.
View the unit. Meet with the Habitat DC-NOVA team to see the home and ask questions about the unit and homeownership program.
Open houses. The source listing shows open houses on Sunday, May 10, 2026 from 1:00-3:00pm and Sunday, May 17, 2026 from 1:00-3:00pm.
Complete Habitat DC-NOVA Application. Download the HFH DC-NOVA Homeownership Application.
Obtain pre-approval. Applications are processed when fully complete; buyers are encouraged to obtain pre-approval from a lending institution.
Complete education and partnership requirements. Habitat homebuyers complete financial education and volunteer/sweat equity hours as part of the program.
Questions? Email Eli Echavarria, Family Services Coordinator, at eli.echavarria@habitatdcnova.org and reference 54th Street.

What Is a Pay It Forward Home?

A home that will always be able to be affordable to families at or below 80% of the median family income because it is part of the Douglass Community Land Trust!

The previous owners paid it forward by selling their home at a much-reduced price and leaving several hundred thousand dollars in equity to stay with the home forever. This equity left in the home will be safeguarded by Douglass CLT, which has added even more subsidy to it so that a family at or below 80% MFI will always be able to afford it.

Subsidy initially invested in CLT properties is retained over time, serving generations of homeowners and occupants without requiring increasing subsidies at each successive sale to keep them affordable.

Douglass CLT will keep ownership of the land and sell only the building to the new buyer, issuing a 99-year land lease to the homeowner. That lease contains a resale agreement that says that if/ when they sell their home, the owner will sell at a price affordable to a family at or below 80% MFI.

If I own a CLT house, can my equity in the house grow?

Yes! First and most importantly, the home purchase should work so that you aren’t paying more too much for housing every month and you are able to save as you see fit.

Second, a Douglass CLT household’s wealth building is no different than other homeowners in that you can build equity by 1)paying down your mortgage loan; 2)getting a tax deduction for the mortgage interest; and 3)benefiting from market appreciation. The difference is that Douglass CLT Pay It Forward homeowners share with the next owner a portion of the increase in home value due to market appreciation. Additionally, owners can get credit for pre-approved physical improvements when they sell. Investment in real estate is never without risk, as no one can predict what will happen in the market, but Douglass CLT also includes safeguards against the worst outcomes if your family hits a rough patch.

Our Resale Formula allows for growth in equity without allowing home price to balloon, making the home affordable for the next purchaser – Paying It Forward!

Refurbished single-family townhome in Grant Park.
3 bedrooms, 1 bathroom, and 1,476 square feet.
Located near schools, markets, parks, and Capital Heights Metro within a mile.
Renovated systems and finishes include new HVAC, updated kitchen countertop and cabinets, appliances, and flooring.
Rear parking space included.
Affordability covenant and maximum income limits apply.
Habitat DC-NOVA affordable homeownership opportunity.
Source listing: 54th Street – Single Family Home.

Contact:

Eli Echavarria
Family Services Coordinator
eli.echavarria@habitatdcnova.org