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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.
https://www.loudoun.gov/1800/Homeownership-Loan-Programs
[email protected]

Languages

Spanish

Application process

Call for additional information and an application.

Fees

No Fee

Service area

Loudoun, VA

Description

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