CPHD
Opportunities For Home Buyers
| The first two steps in applying for any of the following programs are essentially the same. Anyone wishing to use these programs must complete an assessment form and attend a class covering the basics of home ownership. The assessment form and a calendar of the classes can be found inside our First-Time Home Buyers Packet (PDF Format), the standard package of information about our programs that we routinely send out by mail. Most of the information on this website can also be found in the package. Notification List for Affordable Properties Affordable Dwelling Units (ADUS) are sold at below market prices throughout the County. Eligible buyers are chosen from the notification list at random and given the opportunity to buy these properties. This is basically a lottery system. Moderate Income Purchase Assistance Program (MIPAP) MIPAP can provide first time buyers with up to 25% of the purchase price to assist with the down payment and closing costs. These funds are also allocated by lottery. Low Interest VHDA Mortgage Program The Virginia Housing Development Authority (VHDA) provides low interest mortgages to potential home buyers in Arlington through the SPARC (Sponsoring Partnerships and Revitalizing Communities) program. VHDA-FHA Plus Mortgage Program In this VHDA program, eligible applicants will receive a first trust mortgage, plus a second trust mortgage to assist in a down payment and closing costs associated with a home purchase. Also, eligible applicants only have to put up 1% of the purchase price from their own funds. To speak with a housing counselor directly, call 703.228.3765 from 8:00 am to 5:00pm Monday through Friday or email the Housing Division.  Homeownership Assistance Video |
