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Down Payment Assistance Grant Information for Lenders

Our grant can help your buyers get into their first home faster. It provides money for the down payment and never has to be repaid.

Get to Know This Grant

  • What is It?

    The Down Payment Assistance Grant is a true grant, meaning it does not have to be repaid.

  • Eligibility Requirements

    To receive a Down Payment Assistance Grant, a homebuyer must:

    • Be a first-time homebuyer or repeat buyer purchasing in Areas of Economic Opportunity
    • Have a bond FHA/Conventional loan from Virginia Housing
    • Have a household income within Virginia Housing’s income limits
    • Be within Virginia Housing’s sales price / loan limits
  • How Does It Work?

    The Down Payment Assistance Grant may only be used with eligible Virginia Housing loans.

Contact Us


Homeownership Originations
Toll Free: 800-227-8432
Local: 804-783-6725