The VHDA Provides Several First Time Buyer Programs

Programs In VA For 1st Time Home Buyers

First time home buyers in Virgina have many options available to them for help in purchasing their first residence. The Virginia Housing Development Authority (VHDA) provides some very exciting programs for Virginia residents seeking to purchase their first home.


Virginia First Time Home Buyer Programs
Virginia First Time Home Buyer Programs

Here are some highlights:

Our Programs

VHDA offers affordable housing opportunities for Virginians who otherwise might not be able to afford quality housing. We also provide developers of low- to moderate-income housing with access to financial resources and tax incentives. To learn more about our programs, follow the links below or choose a program from the Quick Launch links on the right.


"" Homeownership Education
Want to buy a home the right way, and avoid costly mistakes? Take VHDA’s free class – online or in person!

"" Home Loans
VHDA offers a variety of loans designed to meet the needs of Virginia’s homebuyers, including Conventional Fixed, FHA, FHA Plus, VA (Veterans Affairs), RHS (Rural Housing Services).

"" Mortgage Credit Certificates
If you’re buying your first home, a Mortgage Credit Certificate (MCC) from VHDA could save you thousands of dollars by reducing the amount of federal income tax you owe. Learn more.

"" Down Payment Assistance Grant
This could be a first-time homebuyer’s best shot. VHDA’s Down Payment Assistance (DPA) grant can provide eligible first-time homebuyers with funds needed for their down payment. Read more.

For complete details on these programs, including contact information and instructions on how to apply, please visit the specific VHDA web page.

More Illinois First Time Buyer Programs

In addition to the above homebuyer programs offered by VHDA, there are local housing agencies in various towns, cities and counties throughout the state that provide financial assistance to 1st time property buyers as well. To determine if there any near you, please visit local first time home buyer programs in Virginia.