Virginia Down Payment Assistance Pilot Program

Administered by: Virginia Department of Housing and Community Development (DHCD) · State · Deferred Loan

Funding status: Active

How much assistance

Up to $50,000 (Deferred Loan)

Terms vary by local provider.

Eligibility

  • Income limits: At or below 60% of the Area Median Income (AMI).
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Available statewide through contracted local providers.
  • Homebuyer education required: Yes

How to Apply for Virginia Down Payment Assistance Pilot Program

Step 1: Contact a DHCD-contracted local DPA provider to apply. Complete homebuyer education from a HUD-certified agency. Income must be at or below 60% AMI.

Visit program website

Notes

State-funded pilot program with annual allocation. FY2025 allocation was $4,750,000 across one or more contracted providers. Verify current funding availability with DHCD.

Available Statewide In