Alexandria Flexible Homeownership Assistance Program
Funding status: Active
How much assistance
City shared equity loan up to $50,000 for down payment and closing costs (Zero-Interest Loan)
Shared equity loan. Repayment required upon sale, transfer, or refinance. City shares in appreciation.
Eligibility
- Income limits: Income limits apply based on household size.
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Must purchase a home within the City of Alexandria.
- Homebuyer education required: Yes
How to Apply for Alexandria Flexible Homeownership Assistance Program
Step 1: Contact the City of Alexandria Office of Housing to apply. Complete homebuyer education.
Notes
Shared equity model where the City shares in any home appreciation upon sale.