First Time Homebuyers – Downpayment and Closing Cost Assistance
Financial assistance with downpayment and closing costs for qualified first-time, low and moderate income homebuyers is available for Henrico residents purchasing a home in Henrico County. Henrico County partners with two agencies to administer this program: Housing Opportunities Made Equal of Virginia (HOME Inc.) (804-354-0641) and Southside Community Development and Housing Corporation (804-231-4449). The amount of assistance is based on identified need and is structured as a deferred payment (forgivable) loan. Accompanying financial assistance are educational programs for new homeowners. To learn more about qualifying for this assistance, contact the agencies at the phone numbers provided.
Henrico County also offers an Employee Home Purchase Assistance Program to eligible County employees purchasing a home in Henrico. More information on that service can be found on the webpage linked above.
