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Flexible Homeownership Assistance Program (FHAP)

Up to $0 toward a down payment in VA.

Location
VA
Type
Deferred loan
Max assistance
$0
Income limit
$179,500
Min. credit score
640
First-time buyer
Required
Property types
Single family, Townhouse, Condo

FHAP is the City of Alexandria's primary down-payment and closing-cost assistance program for first-time homebuyers, providing up to $50,000 as a 0% interest deferred-payment second mortgage. Funds are sourced from the city's Housing Trust Fund and HUD HOME pass-through dollars. Administered by the City of Alexandria Office of Housing.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Flexible Homeownership Assistance Program (FHAP), explained

A short, free course on Flexible Homeownership Assistance Program (FHAP): what it is, who it is for, when it is repaid, where it applies and how to apply. Based on program data from June 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.