Harrisonburg Homebuyer Assistance Program
Funding status: Active
How much assistance
Up to $6,000 as a low-interest loan at 1.5% over 5 years (Deferred Loan)
Low interest loan at 1.5% repaid over a 5-year term.
Eligibility
- Income limits: Low to moderate income families and individuals.
- Purchase price limit: $250,000
- First-time buyer required: Yes — Must be a first-time homebuyer.
- Credit score minimum: 620
- Geographic restrictions: Must purchase a home within the City of Harrisonburg priced at $250,000 or below.
- Homebuyer education required: Yes
How to Apply for Harrisonburg Homebuyer Assistance Program
Step 1: Visit the Harrisonburg Redevelopment and Housing Authority at 143 Reservoir Street or call (540) 437-9545. Credit score of 620 required.
Notes
Maximum home purchase price of $250,000. Low-interest loan at 1.5% over 5-year term.