creating foundations for hope

Help with a downpayment is often just what’s needed for someone to buy a first home – and change their family’s trajectory for generations.

Young homeowners

CFH administers the Virginia Department of Housing & Community Development (DHCD) Down Payment Assistance & Closing Cost Assistance Program (DPA) in the following Northern Virginia Areas:

Eligibility Requirements

  • Gross household income from all sources cannot exceed 80% of the area median income, adjusted for household size.

  • Assets cannot exceed 10% of the cost of the property being purchased.

  • Down payment from the buyer must equal at least 1% of the cost of the property being purchased.

  • Applicants must identify the property and secure a first mortgage from USDA, Virginia Housing, FHA, VA, Habitat or conventional lenders at a fixed rate with a term at 30, 35 or 38 years.

  • Applicants must take a Virginia Housing homeownership class; see options at virginiahousing.com. or a similar class.

Down Payment & Closing Cost Assistance

HOME Program Income Limits and Household Size Chart
as of May 2024

One Two Three Four Five Six Seven
$68,500 $78,250 $88,050 $97,800 $105,650 $113,450 $121,300
Downpayment Assistance Applicant Info
Downpayment Assistance Questionnaire