Down Payment Asssitance Up To 20% Of Purchase Price In Virginia

Get Money For Your Down Payment

If you’re looking for down payment assistance in Virginia, you’re in luck. The Virginia Department of Housing and Community Development offers two options for first time property purchasers who need help coming up with the funds for the down payment.

Virginia Down Payment Assistance
Virginia Down Payment Assistance

Depending upon which requirements you meet, you could qualify for down payment assistance that is equal to 10% or even 20% of the purchase price of your first home. The states:

Down Payment Assistance (DPA)

Program Contacts


Dawn Scott

The Down Payment Assistance (DPA) program provides flexible gap financing for first-time homebuyers at, or below, 80 percent of the Area Median Income (AMI) to purchase homes that are safe, decent and accessible. The long-term goal is sustainable housing and growth in personal wealth and equity for low- and moderate-income Virginians. Homebuyers access funds through local DPA provider agencies selected by the state through a competitive application process.


Eligible DPA providers may include units of local government and nonprofits. Applications are taken biennially, and provider agencies are selected for a two-year period, with second-year funding based on prior performance and availability of funds. The organization must be a HUD-certified mortgagor. Bona fide nonprofits are exempt from Mortgage Loan Origination certification under the Safe Act. Administrators can recover certain administrative costs associated with program delivery.

Eligible costs associated with purchasing a home may include down payment of up to 10 percent of the purchase price, based on need, (and may be up to 20 percent in certain high cost or economically-depressed communities) and up to $2,500 closing costs in certain circumstances. The buyer must agree to complete a homebuyer education counseling course. Eligible homebuyers can access DPA assistance through local DPA provider agencies.

To find our more about this very generous assistance program visit VDHCD DPA Program.

More Virginia Down Payment Assistance

In addition to these statewide programs, you should also check to see if there are local programs offered in Virginia that provide additional help that can be applied toward your down payment.