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Hanover & King William Habitat for Humanity Homeownership Program

Hanover & King William Habitat for Humanity · Mechanicsville, Virginia

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See what you qualify forOfficial program site →
Income limit

$90,800

The household income limit the program publishes

What is Hanover & King William Habitat for Humanity Homeownership Program?

Hanover & King William Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Mechanicsville, Virginia, administered by Hanover & King William Habitat for Humanity.

  • Hanover & King William Habitat for Humanity offers an affordable homeownership program in which qualified low-to-moderate-income applicants purchase a safe, decent home with an affordable mortgage after completing at least 200 hours of sweat equity. Applicants must live or work in Hanover or King William County for at least one year, meet HUD-based income guidelines that vary by household size, demonstrate financial responsibility, and show a need for affordable housing.
  • Affordable mortgage on a decent home.
  • Sweat-equity partnership builds equity and skills.
  • Credit counseling and financial education resources.
  • Serves Hanover and King William County residents/workers.
  • Funding comes from Donations, sweat equity, ReStore proceeds; mortgage financed through an outside party.

Do you have to pay it back?

Hanover & King William Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Hanover & King William Habitat for Humanity.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Hanover & King William Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • On credit: Demonstrate financial responsibility — no outstanding collections or judgments
  • Residency: Must live or work in Hanover or King William County for at least one year
  • DRAFT (dpa-gap-finder 2026-06-13): pending review. Active Habitat affiliate; 2025 application period closed, reopens 2026. Requires 200 hours of sweat equity, $25 non-refundable application fee, 1-year live/work residency in Hanover or King William County, no outstanding collections/judgments. Full HUD income table by family size captured (1-5 persons). GAPS: Habitat mortgage interest rate/term, whether a 0%/forgivable silent second is used, recapture/resale restrictions, homebuyer-education hours, and first-time-buyer requirement not stated — confirm with Homeowner Services Director at (804) 569-6108. Distinct from Richmond Metropolitan Habitat.

The program excludes

  • Manufactured homes
  • Households above $90,800

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Hanover & King William Habitat for Humanity Homeownership Program limits household income to $90,800.

  • 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.

What kind of home can it be used for?

Hanover & King William Habitat for Humanity Homeownership Program can be used for Single Family.

  • New construction is eligible.
  • Manufactured homes are not eligible.

Where does it apply?

Hanover & King William Habitat for Humanity Homeownership Program serves buyers purchasing in Mechanicsville, Virginia.

  • The program targets specific areas: Hanover County and King William County, Virginia.

How do you apply?

Applications for Hanover & King William Habitat for Humanity Homeownership Program go through Hanover & King William Habitat for Humanity, which publishes the current terms and the application steps on its own site.

  1. Contact Hanover & King William Habitat for Humanity to reserve funds

    Funds are reserved through Open application periods (2025 cycle closed; reopens 2026), and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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