Downpayment Assistance, Homeownership Loan Programs - Homeownership Loan Programs, Leesburg, Loudoun County Department of Housing & Community Development
106 Catoctin Circle Southeast, Leesburg, VA 20175
Eligibility
Applicants must currently live and/or work in Loudoun County for a
minimum of six months. Gross annual household incomes must fall within
30% to 100% of the Area Median Income regardless of family size.
Hours
8:30am to 5pm from Monday through Friday
(703) 737-8323
Voice
Languages
Spanish
Application process
Call for additional information and an application.
Fees
No Fee
Service area
Loudoun, VA
Down Payment/Closing Cost Assistance or Down Payment/Closing Cost Plus Program for first-time homebuyers purchasing a home either through the Affordable Dwelling Unit (ADU) program or purchasing an existing market rate home can borrow up to 10% of the sales price or $70,000, whichever is less. This loan is forgivable over 15 years. Public Employee Homeownership Grant Program (PEG) offers a grant of a secured loan to full or part-time public employees (Loudoun County Government, Loudoun County Public Schools, Constitutional Offices).
Providing organization
Loudoun County Department of Housing & Community Development
Producing and preserving affordable housing for Loudoun County’s diverse residents by implementing safe and affordable rental and homeownership opportunities, promoting community development, and advocating for impactful programs that meet evolving housing needs.