- Location
- VA
- Type
- Forgivable assistance
- Max assistance
- $25,000
- Income limit
- $86,150
- First-time buyer
- Required
- Property types
- Single family
NNRHA administers the City of Newport News' federal HOME-funded First-Time Homebuyer Assistance Program. The City-Wide program provides up to $25,000 in down payment and closing-cost assistance as a no-interest deferred loan incrementally forgiven over the HOME affordability period, with recapture from net proceeds if the home is sold or ceases to be the buyer's principal residence. NNRHA is also a SPARC sponsor, lowering the rate on eligible Virginia Housing mortgages by 1% for qualifying first-time buyers.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
City of Newport News First-Time Homebuyer Assistance Program (City-Wide HOME DPA), explained
A short, free course on City of Newport News First-Time Homebuyer Assistance Program (City-Wide HOME DPA): what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.