Virginia Housing Down Payment Assistance Grant

About This Program

Non-repayable grant of 2.5% of purchase price for first-time homebuyers (and qualifying repeat buyers) using a Virginia Housing mortgage. Reduces upfront cost of buying a fixer-upper in Richmond’s growing neighborhoods. Income limits apply by household size and area.

First-time buyer using Virginia Housing mortgage

Key Details

• Non-repayable (not a loan)
• Must use a Virginia Housing first mortgage
• Income limits vary by household size and area

How to Apply

Deadline: Year-round through approved lenders