- Location
- VA
- Type
- Deferred loan
- Max assistance
- $0
- Income limit
- $106,500
- Min. credit score
- 620
- First-time buyer
- Required
- Property types
- Single family, Townhouse, Condo
PEG (Public Employee Homeownership Grant) is Loudoun County's down-payment assistance program restricted to Loudoun County public employees. Provides up to $25,000 as a 0% interest deferred-payment second mortgage to assist county employees with purchasing primary residences in Loudoun County. Applicants must be employed full-time by Loudoun County Government, Loudoun County Public Schools, or other qualifying Loudoun County public agencies. Maximum purchase price $408,100. Funds are sourced from Loudoun County general fund. Administered by Loudoun County Department of Housing and Community Development.
Learn this program
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
Public Employee Homeownership Grant Program (PEG), explained
A short, free course on Public Employee Homeownership Grant Program (PEG): 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.