Deferred second loan
People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)
First-time homebuyers · Income limits · Single Family · Townhouse · Condo
Down payment assistance · Bristol County
Buying a home in Bristol, VA
2 Bristol programs and 8 statewide.Bristol has 2 programs of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
Find my programs Free · No credit pull · 90 seconds
Only for Bristol addresses
Bristol’s own programs
Deferred second loan
Northeast Tennessee/Virginia HOME Consortium - Down Payment Assistance (Bristol VA)
First-time homebuyers · Income limits
The Bristol marketThe Bristol housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Bristol
- 66% single-familysingle-family
- 4.7% townhousetownhouse
- 9.7% 2–4 units2–4 units
- 18% 5+ unitscondo & apartment buildings (5+ units)
- 1.6% mobile & othermobile home & other
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Bristol’s homes were built
pre-19401970s2020+
71.1%
of Bristol homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$50,404
Bristol median household incomeMedian household income in Bristol (Census, 2024)
Programs that publish an income limit usually set it as a share of Bristol County’s area median income, adjusted for household size. See the published limits for Bristol County
Free help nearbyFree help near Bristol
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
Find my counselor
Free account → 90-second match → your counselors · Sign in
Across Virginia and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
- Habitat for Humanity Virginia Statewide HOMEownership Down Payment Assistance ProgramUp to $40,000 · Deferred second loan
- HOMEownership Down Payment Assistance Program (VHCDC)Up to $25,000 · Forgivable loan
- Virginia Individual Development Account (VIDA) Program (VHCDC)Up to $10,000 · Down-payment assistance
Bristol questions
Does Bristol have its own down payment program?
Yes, 2: People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA) and Northeast Tennessee/Virginia HOME Consortium - Down Payment Assistance (Bristol VA). Each is for homes inside Bristol.
Can I use assistance on a condo in Bristol?
Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.
What is the income limit in Bristol County?
Each program sets its own. Most published limits are a share of HUD’s area median income for Bristol County, adjusted for household size. The published limits page lists each program’s limit.
Where can I take a homebuyer class near Bristol?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Bristol. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
24201 · 24202 · 24203 · 24209
Sources
Sources: agency sites (June–July 2026), Census ACS 2024 5-year, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.