State Program
Virginia Neighborhood Stabilization Program – Virginia Homebuyer Assistance 2025
Virginia Neighborhood Stabilization Program provides flexible assistance options for Virginia residents.
Program Details
The Virginia Neighborhood Stabilization Program is offered through Virginia Housing (formerly VHDA) or partner localities, delivering tools like low‑interest mortgages, grants, or interest‑rate reductions to promote affordable housing and community revitalization.
Eligibility Requirements
- Virginia residency
- Income, credit score, and purchase‑price limits apply
- Homebuyer education required for most products
- Income, credit score, and purchase‑price limits apply
- Homebuyer education required for most products
Program Benefits
- Down‑payment or closing‑cost aid
- Below‑market mortgage rates
- Mortgage Credit Certificate up to $2,000 annual tax credit
- Special options for veterans, teachers, and community heroes
- Below‑market mortgage rates
- Mortgage Credit Certificate up to $2,000 annual tax credit
- Special options for veterans, teachers, and community heroes
How to Apply
1. Visit Virginia Housing or locality website
2. Confirm eligibility and gather documents
3. Apply with an approved lender
4. Complete education requirements
5. Receive program approval and proceed to closing
2. Confirm eligibility and gather documents
3. Apply with an approved lender
4. Complete education requirements
5. Receive program approval and proceed to closing
Program Overview
Category
State Program
Official Program Website
Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.
Important Note
Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.