Real Estate

Arlington & Alexandria “$0 Down” Condo Grants Available…With Minor Changes

DC’s leading “DC Open Doors” $0 Down Program has a close cousin across the line in Northern Virginia. The VHDA (Virginia Housing Development Authority) has had a Down Payment Grants program live for qualified buyers for the last several years. The program is available in 2017 but has several changes to how it works.

The VHDA program is grant-based meaning you do not have to pay the money back.  It lets qualified buyers receive either a 2% or 2.5% Down Payment Grant based on of the purchase price (up to $500,000 sales price) of the home or condo they buy. “Forgivable” means it’s not a loan and you do not have to ever back these funds. It is essentially, free money. The home buyer using this program will still have to pay a 1% Down Payment contribution. You must use all of the grant funds for Down Payments only; you cannot apply any of the grant money toward closing costs.

The main qualifier is your income. If you’re in Northern Virginia including Arlington/Ballston/Rosslyn, you can be single or in a 2 person household and earn $97,520 per year on your tax return. For 3 or more household members, the limit is $113,840.

How do you start using this program?

UrbanLand Company, a DC-based real estate brokerage licensed in DC, Maryland and Virginia, specializes in first time home buyer assistance and specialty mortgage programs. “We run Free Home Buyer Workshops twice a week that teach you how to actually use programs like the VHDA $0 Down Program,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “We’re real estate agents that also specialize in finance – we can typically get you into a home successfully if you follow our game plan!” Here’s the current Workshops calendar.

Our Free Workshops are right off the Metro in DC at 913 Florida Ave. NW. If you can’t make it to a Workshop, one of our agents will help you one on one and can even meet you out in Virginia to discuss the program and show you qualifying homes. 

More info on Virginia’s $0 Down program is available here:


Here’s some of our $0 Down and low down payment successful sales in the DC Metro area:

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