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VirginiaFirst-Time Homeowner programs

First-Time Homeowner grants in Virginia

Browse first-time homeowner grants available in Virginia, including statewide and local programs.

9 active programs in Virginia

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Latest opportunities (9)

Virginia Department of Housing and Community Development (DHCD)VAFirst-Time HomeownerStatewide HOMEownership DPA program administered by Virginia DHCD that provides gap financing as a deferred, low- or no-interest loan layered with an eligible first mortgage to cover down payment and closing costs for income-eligible first-time buyers.

Updated: Dec 6, 2025

Statewide program offering deferred loan assistance to help first-time homebuyers with down payment and closing cost in Virginia.

Eligible for: First-time homebuyers, income at or below 80% AMI (for the HOME DPA); some pilot option up to 60% AMI with up to $50,000 assistance.

Funding: Provides up to 10–15% of the home’s sales price as down payment assistance plus up to $2,500 for closing costs, with a typical maximum benefit of $40,000 and enhanced pilot options offering up to approximately $50,000 in certain areas; all assistance is structured as a deferred loan repaid only upon sale, refinance, or other triggering events.Deadline: Rolling / subject to local provider funding (Virginia Housing)RollingStatewidehomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerVirginia homebuyerdown payment assistanceclosing cost assistancedeferred loangap financingstatewide programhomebuyer education required

Prince William County Housing & Community DevelopmentVAFirst-Time HomeownerCounty-level first-time homebuyer program that provides down payment and closing cost assistance, typically as a subordinate forgivable loan, to help income-eligible buyers purchase owner-occupied homes in Prince William County.

Updated: Dec 6, 2025

County-level first-time buyer assistance program in Prince William County, Virginia, covering down payment and closing cost support for eligible buyers.

Eligible for: First-time homebuyers purchasing an owner-occupied home in Prince William County, meeting income and purchase-price limits, completing homeb…

Funding: Offers down payment and closing cost assistance up to approximately $30,000 in select neighborhoods, with the exact amount varying by income tier and program year and generally structured as a forgivable subordinate loan tied to an affordability period.Deadline: Rolling, first-come first-served while funds lastRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerPrince William County residentVirginia homebuyerdown payment assistanceclosing cost assistanceforgivable loancounty programtargeted neighborhoods

Housing Opportunities Made Equal of Virginia (HOME of VA)VAFirst-Time HomeownerHUD-approved nonprofit counseling and education services that provide free pre-purchase guidance, group homebuyer classes, credit and budget coaching, and fair housing support to Virginians preparing for homeownership, often used alongside state and local down payment assistance programs.

Updated: Dec 6, 2025

Nonprofit HUD-approved counseling agency providing free homeownership education, credit and budget coaching, and fair housing support, frequently paired with Virginia Housing, DHCD, and local DPA programs.

Eligible for: Prospective and current homebuyers in Virginia seeking education, counseling, or help planning for homeownership, resolving credit issues, o…

Funding: Does not provide a direct cash grant; instead offers free counseling, education, and support services that help buyers qualify for and successfully use separate state and local down payment assistance and mortgage programs.Deadline: N/A (service is ongoing and available year-round)RollingStatewidehomebuyerfirst-time homebuyerVirginia homebuyercounseling clienthomebuyer educationhousing counselingcredit counselingbudget coachingfair housing support

Fairfax County Department of Housing and Community DevelopmentVAFirst-Time HomeownerCounty-administered affordable homeownership program that offers newly built and resale homes at below-market prices and may pair them with down payment assistance, reduced interest rates, or other supports for income-eligible first-time buyers.

Updated: Dec 6, 2025

County-run program offering access to affordably priced new and resale homes plus down payment and mortgage assistance for income-eligible first-time buyers in Fairfax County.

Eligible for: First-time homebuyers (no ownership in past 3 years) with minimum household income of $25,000 and maximum income up to ~70% of Area Median I…

Funding: Instead of a fixed grant amount, the program provides access to homes priced below market value and, when available, complementary down payment or mortgage assistance that together reduce the overall cost of homeownership in Fairfax County.Deadline: Rolling; homes and assistance offered as units become availableRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyerFairfax County residentVirginia homebuyerbelow-market homesdown payment assistanceaffordable homeownershipcounty program

SoFiVAFirst-Time HomeownerEditorial overview that summarizes multiple Virginia first-time homebuyer and down payment assistance programs, including Virginia Housing and DHCD offerings and local city and county initiatives, rather than providing direct financial assistance.

Updated: Dec 6, 2025

Editorial overview page that explains key Virginia first-time homebuyer programs and links out to statewide and local down payment and closing cost assistance options.

Eligible for: First-time (and some repeat) homebuyers researching Virginia programs; eligibility depends on the specific state or local program (income, c…

Funding: Does not offer a single grant or set benefit; instead it describes several Virginia mortgage and down payment assistance programs, each with its own maximum grant amounts, percentages, and terms.Deadline: N/A (editorial roundup; each program has its own deadlines)N/AStatewidehomebuyerfirst-time homebuyerVirginia homebuyerprogram directoryeditorial guidedown payment assistanceclosing cost assistancestatewide program

Henrico County Housing & NeighborhoodsVAFirst-Time HomeownerCounty program that provides need-based, deferred-payment forgivable loans to help first-time, low- and moderate-income Henrico residents cover down payment and closing costs when purchasing a primary residence in the county.

Updated: Dec 6, 2025

County program that partners with nonprofit agencies to provide need-based, forgivable loans to help first-time homebuyers with down payment and closing costs.

Eligible for: Qualified first-time, low- and moderate-income homebuyers purchasing a primary residence in Henrico County; must be Henrico residents, compl…

Funding: Assistance is sized to the buyer’s financial need and provided as a deferred-payment, forgivable loan that can be applied to both down payment and closing costs, with exact amounts determined during program underwriting.Deadline: Rolling, while program funds remain availableRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerHenrico County residentVirginia homebuyerdown payment assistanceclosing cost assistanceforgivable loancounty programhomebuyer education required

James City County Office of HousingVAFirst-Time HomeownerLocal first-time homebuyer initiative that combines HUD-certified education and counseling with access to down payment and closing cost assistance and affordable mortgage products through partners like the Hampton Roads Loan Fund Partnership and Virginia Housing.

Updated: Dec 6, 2025

Local first-time homebuyer program that combines education, counseling, down payment and closing cost assistance, and affordable mortgage products for James City County residents and workforce.

Eligible for: First-time homebuyers (as defined by the program) who live or work in James City County, meet income limits, and complete required homebuyer…

Funding: Provides a mix of financial tools including down payment and closing cost assistance and reduced-rate mortgage products, with specific assistance amounts varying based on funding sources such as the Hampton Roads Loan Fund Partnership and Virginia Housing at the time of purchase.Deadline: Rolling, subject to funding availabilityRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerJames City County residentVirginia homebuyerdown payment assistanceclosing cost assistanceaffordable mortgagehomebuyer educationcounty program

Albemarle County Office of HousingVAFirst-Time HomeownerCounty-run homebuyers assistance program that offers a deferred, forgivable second mortgage to help eligible buyers cover down payment and closing costs when purchasing in Albemarle County.

Updated: Dec 6, 2025

County-run assistance program in Albemarle County, Virginia, offering down payment and closing cost help to eligible homebuyers.

Eligible for: First-time homebuyers purchasing an owner-occupied home in Albemarle County, Virginia; must meet income limits, complete homebuyer education…

Funding: Provides a deferred, forgivable second mortgage of up to approximately $10,000 toward down payment and closing costs, with potential for higher assistance in targeted neighborhoods when additional funds are available.Deadline: Rolling / funds availabilityRollingCountyhomebuyerfirst-time homebuyerlow-income homebuyermoderate-income homebuyerAlbemarle County residentVirginia homebuyerdown payment assistanceclosing cost assistancesecond mortgageforgivable loancounty program

Virginia HousingVAFirst-Time HomeownerStatewide Virginia Housing grant that provides true, non-repayable down payment assistance when paired with an eligible Virginia Housing first mortgage, subject to income, sales-price, and location limits.

Updated: Dec 6, 2025

Statewide true grant for down payment assistance that never requires repayment when paired with a Virginia Housing loan.

Eligible for: Qualified first-time homebuyer or repeat buyer purchasing in Areas of Economic Opportunity, income and sales-price limits apply, must use a …

Funding: Provides a non-repayable grant applied to the buyer’s down payment when paired with a Virginia Housing first mortgage, with specific grant amounts and limits determined by current Virginia Housing guidelines and purchase-price caps.Deadline: Rolling / while funds lastRollingStatewidehomebuyerfirst-time homebuyerrepeat homebuyer in target arealow-income homebuyermoderate-income homebuyerVirginia homebuyerdown payment assistancegrant (no repayment)statewide programVirginia Housingclosing cost support