creating foundations for hope
CFH administers the Virginia Department of Housing & Community Development (DHCD) Down Payment Assistance & Closing Cost Assistance Program (DPA) in the following Northern Virginia Areas:
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 a VHDA approved lender.
Applicants must take a VHDA homeownership class; see options on the VHDA website.
Applicants cannot maintain more than 10% of the home purchase price in cash assets.
HOME Program Income Limits and Household Size Chart, effective July 1, 2022
7702 Donegan Drive
Manassas, Virginia 20109
+1 (703) 221-4510