Deferred second loan
Call Chesapeake HOME Program
First-time homebuyers · Income limits · Single-family detached, attached townhomes, condominiums (must meet HUD HQS) · existing or new construction
Down payment assistance · Chesapeake County
Buying a home in Chesapeake, VA
1 Chesapeake program and 8 statewide.Chesapeake has 1 program 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.
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Only for Chesapeake addresses
Chesapeake’s own program
The Chesapeake marketThe Chesapeake housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Chesapeake
- 67.4% single-familysingle-family
- 13.6% townhousetownhouse
- 5.3% 2–4 units2–4 units
- 12.2% 5+ unitscondo & apartment buildings (5+ units)
- 1.6% mobile & othermobile home & other
Condos count. Chesapeake’s one local program accepts condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Chesapeake’s homes were built
pre-19401970s2020+
31.7%
of Chesapeake 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.
$95,373
Chesapeake median household incomeMedian household income in Chesapeake (Census, 2024)
Programs that publish an income limit usually set it as a share of Chesapeake County’s area median income, adjusted for household size. See the published limits for Chesapeake County
Free help nearbyFree help near Chesapeake
7 HUD-approved counseling agencies within 15 miles7 HUD-approved housing counseling agencies within 15 miles
Chesapeake’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.Call Chesapeake HOME Program asks 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.
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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
Chesapeake questions
Does Chesapeake have its own down payment program?
Yes, one: Call Chesapeake HOME Program, a deferred second loan for first-time homebuyers (forgiven over 5 yrs, income limits). It is for homes inside Chesapeake.
Can I use assistance on a condo in Chesapeake?
Chesapeake’s one local program accepts condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Chesapeake County?
Each program sets its own. Most published limits are a share of HUD’s area median income for Chesapeake County, adjusted for household size. The published limits page lists each program’s limit.
Where can I take a homebuyer class near Chesapeake?
HUD-approved housing counseling agencies teach homebuyer classes, and 7 agencies are within 15 miles of Chesapeake. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
23320 · 23321 · 23322 · 23323 · 23324 · 23325 · 23326 · 23327 · 23328
Nearby in Chesapeake
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.