Virginia Housing Down Payment Assistance Grant

Virginia Housing (VHDA)

Available Down Payment

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

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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