Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program is a first mortgage for homebuyers in Arlington; Fairfax County, Virginia, administered by Habitat for Humanity of Washington, D.C. & Northern Virginia. Habitat for Humanity DC-NOVA sells newly built or rehabilitated homes below market value to low- and moderate-income families who qualify for an affordable monthly housing payment. Buyers must demonstrate housing need, meet income and credit requirements, contribute sweat-equity volunteer hours building their home, and complete financial education. Applications are accepted first-come, first-served and processed when complete; an information session is required before applying. Homes sold below market value. Affordable monthly housing payment. Financial education and homeowner guidance. Connection to lender network and DPA programs. Funding comes from Nonprofit (Habitat for Humanity); donations, ReStore proceeds, and grants.

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity of Washington, D.C. & Northern Virginia. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: Applicants generally must not have owned a home within the past three years. A homebuyer education course is required, through Habitat pre- and post-purchase financial education classes (foreclosure prevention, home maintenance). Residency requirement: Homes located in Arlington County and Fairfax County, VA (affiliate also serves Washington, D.C.). Applicants must demonstrate housing need, ability to pay an affordable mortgage, manageable debt, and complete required sweat-equity volunteer hours and pre/post-purchase financial education. Attendance at an information session is mandatory before applying. Habitat does not maintain a waiting list; number approved is driven by availability of developed properties. GAP: no published dollar DPA amount (below-market sale model).

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program limits household income to 80% of the area median income, which varies by county and household size. Families with low and moderate incomes; service population generally 30-80% of Area Median Income. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program can be used for Single Family, Townhouse, and Condo. New construction is eligible.

Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program serves homebuyers purchasing in Arlington; Fairfax County, Virginia.

Applications for Habitat for Humanity of Washington, D.C. & Northern Virginia Homeownership Program go through Habitat for Humanity of Washington, D.C. & Northern Virginia, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.