Virginia Housing Down Payment Assistance Grant

Virginia Housing (VHDA)

Available Down Payment

About This Program

Virginia Housing Down Payment Assistance Grant is available to homeowners in Richmond, VA.

Non-repayable grant of 2.5% of purchase price for first-time homebuyers (and qualifying repeat buyers) using a Virginia Housing mortgage. Reduces upfront cost of buying a fixer-upper in Richmond’s growing neighborhoods. Income limits apply by household size and area.

First-time buyer using Virginia Housing mortgage

Official source site checked live on 2026-06-22.

Data last verified 2026-04-01. How we verify our data.

In Richmond, VA, you can combine this program with other local help to cut your cost:

Key Details

  • Non-repayable (not a loan)
  • Must use a Virginia Housing first mortgage
  • Income limits vary by household size and area

How to Apply

A grant-savvy contractor in Richmond, VA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Year-round through approved lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

Who qualifies for Virginia Housing Down Payment Assistance Grant in Richmond?

Virginia Housing Down Payment Assistance Grant is open to homeowners in Richmond, VA.

How do I apply for Virginia Housing Down Payment Assistance Grant in Richmond, VA?

Apply directly with Virginia Housing (VHDA) using the official program link on this page or call 877-843-2123. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Richmond, VA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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