VHDA First Step Down Payment Assistance

Virginia Housing Development Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Virginia. Provides 2.5% of the loan amount as a grant that does not need to be repaid. Must be combined with a VHDA first mortgage loan.

Grant equals 2.5% of home purchase price, no repayment required

Key Details

  • Grant up to $7,500 for down payment
  • 2.5% of loan amount as grant
  • Must be first-time homebuyer
  • Combined with VHDA mortgage loan
  • No repayment required

How to Apply

Get free help applying Visit Official Program Page Track this program

(877) 843-2123

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Deadline: Ongoing program

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