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Licensed in Virginia · Virginia Housing Guide

First-Time Home Buyer Programs in Virginia

Virginia Housing (you may know it as VHDA) runs real grants - including one that never gets repaid. Here's the accurate 2026 list.

Virginia Housing · Statewide

The Programs, Accurately

Down Payment Assistance Grant - a true grant (never repaid) covering a percentage of your purchase price, for first-time buyers within income limits, paired with a Virginia Housing first mortgage. This is the headline program - free money toward your down payment.

Plus Second Mortgage - for buyers over the grant's limits (or with different needs): a second mortgage that covers the down payment so you can close with minimal cash.

Closing Cost Assistance Grant - designed for VA and USDA loans: a grant toward closing costs that pairs beautifully with $0-down VA financing. If you're military in Hampton Roads or NoVa, see my Virginia VA loan page - this stack is the play.

About the MCC: Virginia Housing's Mortgage Credit Certificate (a federal tax-credit program) has been suspended since 2023. Plenty of websites still advertise it - it is not currently available, and anyone promising it isn't reading the current guidelines. If it ever returns, this page and my clients will know.

Always-current source: Virginia Housing - Loans & Grants

Buying in Virginia?

Grant vs. Plus Second vs. the VA-loan stack - one free call tells you which Virginia Housing path fits your income and timeline.

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Questions

Straight Answers

Does the Virginia Housing grant really not get repaid?
Correct - the Down Payment Assistance Grant is a true grant with no repayment, unlike second-mortgage-style assistance. Income limits, first-time buyer rules, and pairing with a Virginia Housing first mortgage apply.
What income limits apply?
They vary by region and household size - Northern Virginia's limits differ from Hampton Roads'. Tell me your county and household size and I'll check same-day.
Is the Virginia MCC tax credit available?
No - it's been suspended since 2023 despite still appearing on many websites. The active options are the DPA Grant, Plus Second Mortgage, and Closing Cost Assistance Grant.
Can these stack with a VA loan?
The Closing Cost Assistance Grant is specifically built for VA and USDA loans - see my Virginia VA loans page for how the stack works.
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