Come HOME to Portsmouth Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $20,000 for down payment and closing costs (Deferred Loan)
Provided as a deferred forgivable loan with affordability period.
Eligibility
- Income limits: Low to moderate income at or below 80% AMI. 1-person: $46,200; 2-person: $52,800; 3-person: $59,400; 4-person: $66,000.
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Geographic restrictions: Must purchase a home within the City of Portsmouth.
- Homebuyer education required: Yes
How to Apply for Come HOME to Portsmouth Down Payment Assistance Program
Step 1: Contact the Hampton Roads Planning District Commission or the City of Portsmouth to apply. Complete homebuyer education.
Notes
Funded through HUD HOME Investment Partnerships Program. Income limits updated annually.