Down Payment Assistance Grant
Our grant can help your buyers get into their first home faster. It provides money for the down payment and never has to be repaid.
Get to Know This Grant
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What is It?
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Eligibility Requirements
To receive a Down Payment Assistance Grant, a homebuyer must:
- Be a first-time homebuyer or repeat buyer purchasing in Areas of Economic Opportunity
- Have an FHA or Conventional / Conventional No MI loan from Virginia Housing
- Have a household income within Virginia Housing’s income limits
- Be within Virginia Housing’s sales price / loan limits
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How Does It Work?
The Down Payment Assistance Grant may only be used with eligible Virginia Housing loans.
Contact Us
Homeownership Originations
Toll Free: 800-227-8432
Local: 804-783-6725
Homeownership@VirginiaHousing.com
Underwriting@VirginiaHousing.com