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Find Homeownership Incentives

Virginia - USDA Rural Housing Service

Financial Hardship Homeownership Subsidy First Time Homebuyers

Type Of Program

Home Purchase Mortgage

Program distribution

Program Originator

US Department of Agriculture

Amount

$100.00

Contact

Blocks

Location
Description
  • Eligible for Virginia Housing Closing Cost Assistance (CCA) grant
  • Eligible for Virginia Housing Mortgage Credit Certificate (MCC)


See https://www.vhda.com/BusinessPartners/Lenders/LoanInfoGuides/Loan%20Information%20and%20Guidelines/RHSGuidelines.pdf

https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program

AMI Limit

AMI

Employer Participation Required

Must Earn Counseling Certificate

Eligibility Limitations

Borrower net worth cannot exceed 50% of sales price.

Cash Sale Permitted

Cosigner Permitted

Owner Financing Permitted

Must be Primary Residence

Yes

Program Provider's Contact Name

Homebuyer Department

Program Provider's Address

601 S. Belvidere Street Richmond, VA 23220

Program Provider's Phone

8002278432

Program Provider's Email

Homeownership@vhda.com