The Fairfax County Redevelopment and Housing Authority (FCRHA) is offering down payment loans of up to $50,000 to qualified first-time homebuyers. This significant financial assistance aims to remove common barriers to homeownership, making it more attainable for residents within Fairfax County.
The program is designed to support individuals looking to purchase their first home by providing crucial funds for the initial down payment. This initiative underscores the county's commitment to fostering accessible housing opportunities.
To determine eligibility and apply for the loan, interested individuals must contact a Virginia Housing-approved lender. These lenders can provide comprehensive information and guide applicants through the necessary steps to secure the down payment assistance.