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Henrico County Employee Home Purchase Assistance Program (EHPAP)

Henrico County Department of Community Revitalization · Henrico, Virginia

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See what you qualify forOfficial program site →
Assistance

$25,000

The maximum the program publishes — not an offer

Income limit

$169,600

The household income limit the program publishes

Price cap

$550,000

Highest purchase price the program allows

Repayment

Forgivable

Forgiven after 5 years

What is Henrico County Employee Home Purchase Assistance Program (EHPAP)?

Henrico County Employee Home Purchase Assistance Program (EHPAP) is a forgivable loan for homebuyers in Henrico, Virginia, administered by Henrico County Department of Community Revitalization.

  • EHPAP is Henrico County's employer-funded benefit providing up to $25,000 in down payment and closing-cost assistance as an interest-free forgivable loan to eligible full-time County, Public Schools, or constitutional-officer employees buying a first home in Henrico County. The loan is forgiven 1/120th per pay period over five years of continued employment and owner-occupancy; any unforgiven balance becomes repayable if conditions are not met. The program also provides free HUD-certified homebuyer education and six hours of counseling.
  • Up to $25,000 DP/closing-cost assistance.
  • Interest-free forgivable loan.
  • Forgiven over 5 years of employment + occupancy.
  • Free HUD-certified education and 6 hours counseling.
  • Funding comes from Henrico County (employer-funded employee benefit).

How much assistance does it provide?

Henrico County Employee Home Purchase Assistance Program (EHPAP) offers up to $25,000 in assistance.

  • Buyer contribution: At least $1,000 of employee's personal funds (EHPAP funds may not be used for deposits/inspections).
  • The program can be combined with Primary first mortgage (limits per Virginia Housing).
  • Amounts are the program's published maximums, not an offer — Henrico County Department of Community Revitalization determines any individual award.

Do you have to pay it back?

Henrico County Employee Home Purchase Assistance Program (EHPAP) is forgiven after 5 years, so a buyer who stays that long does not repay it.

  • Repayment is triggered by Failure to keep full-time County employment and/or occupy as primary residence for 5 years; remaining unforgiven balance repayable. Forgiven 1/120th per pay period over 5 years.
  • The assistance is recorded in Subordinate (second) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Henrico County Employee Home Purchase Assistance Program (EHPAP) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: No ownership interest in real estate within last 5 years (incl. out-of-state/foreign)
  • The home is occupied as a primary residence
  • On credit: Score >= 600; outstanding judgments/collections <= $1,000; bankruptcies discharged >= 2 yrs; foreclosures >= 5 yrs old
  • A completed homebuyer education course, through Two-part HUD-certified homebuyer course plus 6 hours individualized counseling, via the program administrator at no cost
  • Residency: Home being purchased must be in Henrico County, VA
  • DRAFT (dpa-gap-finder 2026-06-14): pending review. Restricted to Henrico County employees (Government, Public Schools, or constitutional officers) with 12+ months consecutive full-time service and acceptable-or-better rating. Total household assets (excl. primary vehicles and retirement) <= $50,000. Assistance is taxable. Funds not guaranteed.

The program excludes

  • Purchases above the $550,000 price cap
  • Households above $169,600

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?

Henrico County Employee Home Purchase Assistance Program (EHPAP) limits household income to $169,600.

  • The limit applies to total household income, not only the borrower&rsquo;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?

Henrico County Employee Home Purchase Assistance Program (EHPAP) caps the purchase price at $550,000.

Is there eligibility for specific groups?

Henrico County Employee Home Purchase Assistance Program (EHPAP) is limited to employees of Full-time permanent employees of Henrico County Government, Henrico County Public Schools, or a Henrico County constitutional officer.

  • Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Henrico County Employee Home Purchase Assistance Program (EHPAP) serves buyers purchasing in Henrico, Virginia.

How do you apply?

Applications for Henrico County Employee Home Purchase Assistance Program (EHPAP) go through Henrico County Department of Community Revitalization, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Two-part HUD-certified homebuyer course plus 6 hours individualized counseling, via the program administrator at no cost.

  2. Contact Henrico County Department of Community Revitalization to reserve funds

    Funds are reserved through Funds reserved at closing by review committee after application/requirements; completion does not guarantee funds, and are subject to availability.

  3. 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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